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 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
Taxes and Budget 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 […] Fox 23 Posted April 1, 2026 Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget ‘A step toward tax fairness’ as budget committee approves millionaire’s tax proposal “For too long, Maine’s tax code has asked the most of those with the least. Now, we’re on track to change that. This surcharge will generate hundreds […] Beacon Posted April 1, 2026 Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget Wednesday Sit-Down: Maine's possible 'millionaire's tax' In this week’s Wednesday Sit-Down, Garrett Martin, CEO of the Maine Center of Economic Policy, sits down with CBS13 to discuss a possible tax on the wealthy […] WGME Posted April 1, 2026 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes, Wednesday Sit Down
Maine’s Economy, Taxes and Budget IRS data shows Maine is gaining residents from so-called “low tax” states “Tax flight” makes for a convenient talking point. It just doesn’t match reality. The latest IRS migration data shows what we already know: people move for jobs, […] Mark Shaffer Posted April 1, 2026 Tags Budget, Immigration, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget STATEMENT: MECEP responds to millionaire tax inclusion in budget Appropriations committee passes landmark tax fairness legislation Late Tuesday, the Legislature’s Committee on Appropriations and Financial Affairs approved a proposal to add a millionaire tax to the […] Posted April 1, 2026 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
