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Maine’s Democratic-led legislature approved a budget bill (LD 2212) Thursday that would apply a 2% surtax on annual incomes over $1.
Maine's legislature approved a 2% surtax on annual incomes over $1 million.
KEY POINTS
- Governor Janet Mills reversed her previous stance and now supports the surtax bill.
- If enacted, Maine's top income tax rate would rise to 9.15%, among the highest nationally.
- The bill includes $300 rebate checks for over a million Maine residents.
COMPANIES
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