They Say It's a Tax on Millionaires. It Won't Stay That Way

Let’s stop pretending. Maine’s new tax on millionaires is being sold as a narrow measure aimed only at the wealthy. Signed into law by Governor Janet Mills, the policy imposes a 2% surcharge on income over $1 million, effective January 1, 2026. Read Full Article »

Excerpt limited to ~120 words for fair-use compliance. The full article is at RealClear Markets.