Mills vetoes bill that would have taxed wealthy Mainers at higher rates

In a statement following the veto, Garrett Martin, president and CEO at the Maine Center for Economic Policy, also said there wouldn’t have been much benefit to low-income taxpayers, “but asking the wealthy to pay more was a step in the right direction.”

“When multimillionaires pay the same income tax rate as a Mainer making just $62,000 a year, it should be obvious that change is needed,” Martin said. “The Maine Legislature should continue to work towards a fairer tax code, and Governor Mills should join the bipartisan effort to do so.”

Click here to read the full story, first published April 26, 2024 in Maine Morning Star.