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
Taxes and Budget Maine Democrats tack millionaire tax onto Janet Mills’ final spending plan The millionaire tax looks to be the biggest addition to the budget proposal. Democrats said the 2% tax on income over $1 million would apply to just […] Bangor Daily News Posted March 31, 2026 Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget Maine’s pool of money from taxes on home sales is growing. How is it being used? Maura Pillsbury, a tax policy analyst for the progressive Maine Center for Economic Policy, said Maine’s transfer tax had lagged behind other New England states for decades. […] The Maine Monitor Posted March 31, 2026 Tags Budget, Revenue, Tax Fairness, Taxes
Taxes and Budget State Rundown 3/26: Sobering Revenue Projections Keep States on Their Toes The Maine Center for Economic Policy published a blog highlighting two bills that would create higher marginal tax rates and a tax on income over $1 million. […] ITEP Posted March 26, 2026 Tags Budget, Revenue, Tax Breaks, Tax Fairness, Taxes
Taxes and Budget Lawmakers need to act to avoid a $174 million budget hole next year At a glance: Governor Mills’ budget proposal delays up to $174 million in bills — including teacher raises and tax breaks that get more expensive over time […] James Myall Posted March 25, 2026 Tags Budget, Federal, Revenue, Tax Breaks, Tax Fairness, Taxes
