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A proposal to add new tax brackets and increase rates for wealthier Mainers was vetoed by Gov. Janet Mills on Friday. In her veto message, Mills listed multiple reasons for her veto. Because the bill started as a concept draft — a document without substantive text that is often used as a placeholder before the […] The post Gov. Mills vetoes bill that would have taxed wealthy Mainers at higher rates appeared first on Rhode Island Current.

The bill aimed to reduce the tax burden for middle-income residents while also raising taxes on the wealthy, but Gov. Janet Mills said it would not provide meaningful relief and could create challenges for state budgeting.

A proposal to add new tax brackets and increase rates for wealthier Mainers was vetoed by Gov. Janet Mills on Friday. In her veto message, Mills listed multiple reasons for her veto. Because the bill started as a concept draft — a document without substantive text that is often used as a placeholder before the […] The post Mills vetoes bill that would have taxed wealthy Mainers at higher rates appeared first on Maine Morning Star.

The bill aimed to reduce the tax burden for middle-income residents while also raising taxes on the wealthy, but Gov. Janet Mills said it would not provide meaningful relief and could create challenges for state budgeting.

The bill aimed to reduce the tax burden for middle-income residents while also raising taxes on the wealthy, but Gov. Janet Mills said it would not provide meaningful relief and could create challenges for state budgeting.