Speaking in favor of the bill, Sarah Austin of the Maine Center for Economic Policy said that the measure would raise about $78 million in revenue each year to invest in schools, communities, health care and other priorities.
“LD 501 asks highly profitable corporations, those that have done well even through a global pandemic and economic crisis, to pay a little more to help Maine rebuild our local communities and invest in the families that have been hurt the most,” she said.
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