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LD 1682

An Act To Increase Fairness In The Income Tax By Adding Higher Tax Brackets And Tax Rates

132nd Legislature (2025-2026) Introduced by Dan Ankeles and 9 co-sponsors

Maine bill adds higher income tax brackets and rates for upper earners to increase progressive taxation and state revenue, though it failed to advance from committee.

Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)
#brackets #incometax #rate
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Bill Summary · LD 1682

Legislative bill overview

LD 1682 proposes to restructure Maine's income tax system by adding new tax brackets at higher income levels and increasing the tax rates applied to those brackets. The bill aims to create a more progressive tax structure where higher-earning individuals pay a larger share of income tax. The measure was introduced during the 2025 legislative session but ultimately died in committee without passage.

Why is this important

Maine's tax structure directly affects state revenue for education, infrastructure, and social services. Progressive tax changes can influence income inequality, business competitiveness, and individual take-home pay across different earnings levels. This type of policy debate reflects broader disagreements about how states should fund government while balancing economic growth concerns.

Potential points of contention

  • Revenue vs. economic impact: Supporters argue higher earner taxation funds critical services; opponents worry it could discourage high-income earners or businesses from remaining in Maine
  • Definition of "fairness": Disagreement over whether progressive taxation is fair or whether flatter systems better serve economic growth and opportunity
  • Implementation details: Questions about specific bracket thresholds, rate percentages, and whether exemptions or deductions would be modified, which significantly affect actual impact

Compiled from official sources — confirm details with the bill’s official record.

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