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Millionaire tax is good for Maine businesses, good for Maine | Opinion
['Nate Barr']
The Portland Press Herald
Nate Barr is the owner of Zootility, a U.S. manufacturer of tools and outdoor gear based in Maine.
And hiring replacements is no simple answer: We cannot attract and retain good people unless their wages can support a life here.
That is why I support Maine’s new millionaire tax.
For businesses organized as LLCs, S corporations or partnerships, the tax does not apply at the entity level.
The tax is expected to affect about 2,600 filers statewide — roughly four-tenths of 1% of Maine taxpayers.