Focus. Wealth Management/Retirement. Tax Headache or Good Deed? New 3% Surcharge Raises Fear of Exodus Out-of-State

Authors

Renee Cordes

Source

Mainebiz

Date

3-20-2017

Pages

30-32

Abstract

With the passage of 3% tax surcharge for households making $200,000 or more to be used to fund educational endeavors in Maine, it has been reported that there has been an increased in the number of people wanting to move from the state, as well as businesses reluctant to establish here due to the high tax burden. A public hearing will take place on March 20, to explore other avenues of funding education. [image]

Subjects

Income tax, Wages—Taxation

Recommended Citation

Cordes, Renee, "Focus. Wealth Management/Retirement. Tax Headache or Good Deed? New 3% Surcharge Raises Fear of Exodus Out-of-State" (2017). Maine News Index – MaineBiz. 6933.
https://digitalcommons.portlandlibrary.com/news_mainebiz/6933