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Maine Panel Hears Tax Bills
04/23/2013 04:25 PM ET  

House Majority Leader Seth Berry says the time is right to adopt a Buffett Rule for Maine, which would equalize the tax rates paid by Mainers for total state and local taxes.

AUGUSTA, Maine (AP) _ Several bills addressing Maine taxes, including a so-called ``Buffett Rule'' to keep lower income people from paying higher rates than the rich, are being heard by the Legislature's Taxation Committee.

House Majority Leader Seth Berry says the time is right to adopt a Buffett Rule for Maine, which would equalize the tax rates paid by Mainers for total state and local taxes. The Bowdoinham Democrat's measure is named for billionaire Warren Buffet, who says his tax rate is lower than his secretary's. Berry's proposal would equalize the tax rates by having those making at least $350,000 pay on average a penny more per dollar.

Several other bills heard Tuesday reinstate the 8.5 percent tax rate for high-income filers.

Republicans say Democrats are pushing a massive middle class tax hike package.


 

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