Maine’s millionaire’s tax marks shift toward fairness while federal cuts boost billionaires As Americans file their taxes this year, Maine is taking steps toward tax fairness, passing policies aimed at narrowing the gap between the ultra wealthy and everyone else. At the center of that shift is the state’s new millionaire’s tax, which applies to income over $1 million and is expected to generate about $160 million… The post Maine’s millionaire’s tax marks shift toward fairness while federal cuts boost billionaires first appeared on Maine Beacon .
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As Americans file their taxes this year, Maine is taking steps toward tax fairness, passing policies aimed at narrowing the gap between the ultra wealthy and everyone else. At the center of that shift is the state’s new millionaire’s tax, which applies to income over $1 million and is expected to generate about $160 million… The post Maine’s millionaire’s tax marks shift toward fairness while federal cuts boost billionaires first appeared on Maine Beacon .
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