Maine budget proposal adds 2% tax on millionaires, expected to raise $150M in two years

The Maine Center for Economic Policy says that’s 0.4% of all Maine’s taxpayers.

The tax would generate about $150 million in two years.

The Center for Economic Policy writes in part: ““For too long, Maine’s tax code has asked the most of those with the least. Now, we’re on track to change that.”

Click here to read the full story, first published April 1, 2026 in Fox 23.