Lawmaker rallies support to overturn LePage estate tax cut for millionaires [View all]
State Rep. Ben Collings of Portland wants to repeal the LePage era tax cuts for Maine’s most wealthy households by taxing estates worth more than $2 million.
Former Governor Paul LePage and Republican lawmakers raised the estate tax threshold from $1 million to $5.6 million for individuals, or $11.2 million for married couples.
Since winning majorities in both the Maine House and Senate, along with winning the governor’s office, Democrats have for the most part left intact LePage’s legacy of cuts.
Calling on Democrats
To pressure his caucus into action, Collings is enlisting Mainers to call on their representatives to take a bold stance on tax fairness and fund critical needs like healthcare, schools, social services and infrastructure.
Read more: https://mainebeacon.com/lawmaker-rallies-support-for-overturning-lepage-estate-tax-cut-for-millionaires/
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