Maine Supplemental Budget Advances with New Tax on Millionaires
The plan would raise about $150 million over two years from 2% surtax on income above $1 million, Democrats said.
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9 Articles
Janet Mills says she approves of ‘millionaire’s tax’ approved by Maine budget panel
Democratic lawmakers on the Appropriations and Financial Affairs voted to move forward with Maine's supplemental budget early Wednesday morning.
Maine supplemental budget advances with new tax on millionaires
The Legislature’s Appropriations and Financial Affairs Committee voted 8-4 to approve a supplemental budget that includes a 2% surcharge on Maine's wealthy and $300 direct relief payments to middle and lower income earners.
Maine Democrats Push Late-Night ‘Millionaire’s Tax’ in Budget Move, Drawing Sharp GOP Backlash
AUGUSTSA, Maine – Maine Democrats moved late Tuesday night to add a new “millionaire’s tax” to their supplemental budget proposal, prompting immediate backlash from Republicans who say the measure is just the latest example of rushed, partisan lawmaking in Augusta. The amendment came from the Democratic majority on the Legislature’s Appropriations and Financial Affairs Committee [...] The post Maine Democrats Push Late-Night ‘Millionaire’s Tax’ …
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