Maine Budget: Millionaire Tax, Affordability Checks
Portland Maine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Maines Democratic budget committee approves a surcharge on millionaires, aligning with Governor Mills plan for affordability checks. The new tax hike, part of a supplemental budget, aims to fund healthcare, education, and property tax relief. Despite initial opposition, Mills now supports the measure. Republicans criticize the move as a spending issue, while the budget also includes bipartisan wins like teacher pay boosts and healthcare reserve increases. The budget heads to the House and Senate for votes before April 15th.
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