Category: tax hikes

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Jan. 12, 2012

by Dave Nyczepir

Capital News Service

ANNAPOLIS – Maryland’s 430th General Assembly session convened Wednesday, promising more than a few tough votes in the coming weeks as Gov. Martin O’Malley’s agenda may call for raising the state’s sales or gas taxes.

A tax increase would generate the revenue needed to fund many of O’Malley’s job creation initiatives and help address the $1 billion budget deficit the legislature faces in its $14 billion operating budget.

Controversial same-sex marriage and wind-farming bills are also on the General Assembly’s agenda this session.

O’Malley is toying with the idea of raising the state sales tax by 1 cent to 7 cents, but will consult with General Assembly leaders before deciding, said the governor during an interview with WEAA 88.9 Wednesday morning. Also on the table is the much talked about 15-cent increase to the gas tax.

More here.

Buying or selling real estate in Garrett County or Deep Creek Lake, Maryland? Call Jay Ferguson of Railey Realty for all of your real estate needs! I take great pride in referrals, and I assure you, I will take great care of your friends, family & colleagues!

By Dave Nyczepir, Capital News Service

January 11, 2012 | 7:28 p.m.

Maryland’s 430th General Assembly session, which convened Jan. 11, promises more than a few tough votes in the coming weeks, because Gov. Martin O’Malley’s agenda may call for raising the state’s sales or gas taxes.

A tax increase would generate the revenue needed to fund many of O’Malley’s job creation initiatives and help address the $1 billion budget deficit the legislature faces in its $14 billion operating budget.

Controversial same-sex marriage and wind-farming bills are also on the General Assembly’s agenda this session. O’Malley is toying with the idea of raising the state sales tax by 1 cent to 7 cents, but will consult with General Assembly leaders before deciding, the governor said during an interview with radio station WEAA 88.9on Jan. 11.

More here.

Buying or selling real estate in Garrett County or Deep Creek Lake, Maryland? Call Jay Ferguson of Railey Realty for all of your real estate needs! I take great pride in referrals, and I assure you, I will take great care of your friends, family & colleagues!