A Senate committee today listened to the pros and cons of expanding Maryland's sales tax base to include more services, as well as goods purchased over the Internet.
Tangible products, but few services, sold by Maryland retailers are taxed at 6 percent. This year, the sales tax is predicted to generate $4.2 billion, about 30 percent of the state's general fund revenues, according to the Department of Legislative Services.
Legislative services analysts prepared a chart to show how much additional revenue the state could make by taxing engineering services, cable television, automobile repair, golf and other matters. If the state imposed a 6 percent tax on those and a dozen other services, it could bring in at least $1 billion more each year, the department estimated.
5 comments:
Yes, tax us more, O'Malley! That's what all this screaming out here is about! DOLT.
Next thing you know, they'll be taxing the very air we breathe! That's about all that will be left.
Would it be considered too harsh if I suggested we hang them? then tax their families for the trouble they caused us. File it under "tax solution".
This is just a prelude to the October surprise, when the special session starts. Norm Conway is salavating over the chance to raise taxes again.
Living large in Delaware and laughing at you suckers in Md.
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