Trostel tells Press Herald wealthy taxpayers likely to seek loopholes if Question 2 passes
Philip Trostel, a University of Maine professor of economics and public policy, told the Portland Press Herald that it’s likely Maine’s wealthiest residents would find ways to avoid paying higher taxes, if the ballot measure known as Question 2 passes Tuesday. Question 2 would levy a 3 percent surcharge on the state’s highest earners to fund K–12 education. “The real question is what kind of tax avoidance methods we’re going to see,” Trostel told the paper. “There are various ways to avoid these taxes — they don’t have to leave the state.”