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Extra 4% Tax on Income Over $1 Million on Track for Adoption After Committee Dems Recommend Hike

Summary by The Maine Wire
A Harpswell Democrat’s bill to levy an additional four percent tax on income earned over $1 million in order to fund public education is now on track for adoption by the Maine State Legislature. Sponsored by Rep. Cheryl A. Golek (D-Harpswell), LD 1089 would impose this new “surcharge” on income beginning with that generated this [...] The post Extra 4% Tax on Income Over $1 Million on Track for Adoption After Committee Dems Recommend Hike appear…

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The Maine Wire broke the news in on Thursday, June 5, 2025.
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