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Maine joins blue states with new 2% millionaire tax surcharge

Gov. Janet Mills signed a 2% millionaire tax surcharge into law, pushing Maine’s top rate to 9.15%. Critics warn the tax will punish local business owners and stifle investment.

Maine has officially joined the ranks of high-tax blue states as Democratic Gov. Janet Mills signed a controversial new millionaire tax into law, sparking immediate warnings that the move will punish local business owners and stifle investment.
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Source: Fox Business | Published: 2026-04-29T16:47:07Z

Credit: Fox Business

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