An Act to Bring Fairness in Income Taxes to Maine Families by Adjusting the Tax Brackets and Tax Rates

This bill changes Maine's income tax brackets and rates starting in 2026. It increases the income thresholds for existing tax rates and adds three new higher income tax brackets with rates of 7.52%, 7.15%, and 8.2%. The income tax brackets will continue to be adjusted annually based on the Chained Consumer Price Index.

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