Maine budget surpluses rekindle GOP calls for income tax cuts

Bangor Daily News

The final proposal from Republicans did not specify a particular tax cut, but they had been lobbying to reduce rates for Maine’s lowest income tax bracket from 5.8 percent to 4.5 percent. The liberal Maine Center for Economic Policy said doing so would provide larger benefits to those making over $150,000 because of deductions that reduce lower-income tax burdens.

Click here to read the full article, first published April 28, 2023 in the Bangor Daily News.