Reauthorize a 3 Percent Tax on Income over $200,000 To Lift All Maine Workers out of Poverty

Last updated: Feb 19, 2021

Details about this bill
Category: Taxation
Status: In Committee
Sponsor: Representative Michael Sylvester, House 39
Session: 130
Bill #: LD 498

Position:

Monitoring.

Summary:

Representative Sylvester of Portland would impose a 3% income tax surcharge on taxable income exceeding $200,000 and increases the Maine earned income tax credit to equal the federal earned income tax credit.