Ahhhh Laurie. I hear ya!
I wrote to her awhile back, and the following is the answer I received:
Yes, one-third of all Individual Income Taxes (total is $1.2 billion so 1/3 is $400 million) are paid by the wealthiest 2% of Maine's people (10,000 people). These people are highly invested in the stock market and when the market dropped from $12.7 trillion to $8.8 trillion, their capital gains dried up - as did our tax revenues. Since they don't withhold for taxes on this income - we didn't know the extent of their loses until April 15th (or thereabouts) when they filed for refunds instead of making payments. That's it in a nutshell. I hope that's helpful.
Laurie