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Wednesday, March 30, 2011

Maryland Alcohol Tax Moves Ahead In Senate

An increase in Maryland’s alcohol tax advanced in the Maryland Senate Tuesday, with a significant portion of the first year’s proceeds set aside for Prince George’s County and Baltimore schools.

The Senate measure would raise Maryland’s sales tax on alcohol from 6 percent to 9 percent over three years by 1 percent a year. It would raise about $29 million in fiscal  2012, $58 million the following year and $85 million in the third year, fiscal analysts estimate.

In the next fiscal year, Baltimore schools would receive about $12 million, and Prince George’s County would receive about $9 million to help boost education funding in Maryland jurisdictions that lagged behind others because of school funding formulas. Proceeds from the alcohol tax would be diverted to those school jurisdictions only in a one-time adjustment.

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8 comments:

  1. Let me see if I got this right....they're taxing all of us and the proceeds go to only two districts.

    Didn't we dump some tea over a similar issue a couple hundred years ago....?

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  2. ...not to worry 9:07, consumers will do their purchasing from neighboring states for alcohol now like many other things.

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  3. I'm not sure if you got it right or not since I did not see Montgomery County on the list of revenue recipients (yet). If you look at the Census data, you'll see that some of these areas had explosive (nearing 1000%) growth in their Hispanic population. These jurisdictions need more money to give away and have little choice but to move to another nipple on the cow.

    Save some money and check out the Micros in Delaware. Even MD's Fordham beer put their brewery in DE.

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  4. I buy my cigs in virginia and my booze in delaware. I save 50% or more on each. The kooks in annapolis are really trying to push all business out of this state....and all the jobs along with them.

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  5. 11:46 You don't "save" anything unless you put the difference in the bank. No one saves by spending.

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  6. I got my SUV load at Delmar Liquors today and back in MD....

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  7. Can someone tell me how long can you store beer? LOL

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  8. 110 days for Budweiser.

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