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Taxes and Budget

Here’s how Maine’s new ‘millionaire tax’ will work

This was identical to a bill from Rep. Cheryl Golek, D-Harpswell, that was opposed by the Mills administration and the Maine State Chamber of Commerce and backed […]

Bangor Daily News
Posted April 21, 2026
Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget

Washington Post’s attack on Maine’s millionaire tax ignores the facts

Mainers don’t take kindly to outsiders telling us what to do. The Washington Post’s editorial attacking Maine’s new millionaire tax is no exception. Misdirected and devoid of […]

Maine Morning Star
Posted April 15, 2026
Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Maine’s millionaire’s tax marks shift toward fairness while federal cuts boost billionaires

“Mainers want stability, fairness, and a tax code that benefits us, not billionaires,” said Ryan Tipping of the Maine Center for Economic Policy. “By raising taxes on […]

Beacon
Posted April 15, 2026
Tags Budget, Federal, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget

Wednesday Sit-Down: The future of your taxes

In this week’s Wednesday Sit-Down, Garrett Martin, CEO of the Maine Center of Economic Policy, sits down with CBS13 to discuss the future of taxes. Click here […]

WGME
Posted April 15, 2026
Tags Budget, Tax Breaks, Tax Fairness, Taxes, Wednesday Sit Down
Taxes and Budget

STATEMENT: Maine enacts millionaire tax in historic win for working families

In a historic move for tax fairness in Maine, Governor Mills signed a millionaire tax into law as part of the state’s supplemental budget. Maine is one […]

Posted April 10, 2026
Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget

Popular millionaire’s tax, along with childcare funding and eviction protections, round out state supplemental budget

Maura Pillsbury, State and Local Tax Policy Analyst with the Maine Center for Economic Policy, described the inclusion of the millionaire’s tax as the fulfillment of a […]

Beacon
Posted April 9, 2026
Tags Budget, Child Care, Housing, Tax Fairness, Taxes
Taxes and Budget

What’s in the 2026 supplemental budget package

The Appropriations and Financial Affairs Committee (AFA) met Wednesday and recommended passage of a supplemental budget bill that raises taxes on the highest-earning Mainers and draws from […]

James Myall
Posted April 3, 2026
Tags Appropriations Committee, Budget, Revenue, Tax Breaks, Tax Fairness
Taxes and Budget

Maine supplemental budget advances with new tax on millionaires

The Maine Center for Economic Policy estimates that the surcharge will generate nearly $100 million in state revenue in 2027 and $150 million in the next biennium. […]

WMTW
Posted April 1, 2026
Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget

Maine's supplemental budget advances with new tax on millionaires, $300 relief checks

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. Click here to read […]

WGME
Posted April 1, 2026
Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget

Appropriations committee advances state’s supplemental budget, Gov. Mills reacts

Supporters include the Maine Center for Economic Policy, which says the surcharge will generate nearly $100 million in state revenue in 2027. Click here to read the […]

WABI
Posted April 1, 2026
Tags Budget, Revenue, Tax Fairness, Taxes
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