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Thursday, September 01, 2011

State: Maryland Lost $2M From O.C. Shutdown

Hurricane Irene Closed Down Resort Town

BALTIMORE -- Maryland officials said the state lost $2 million in revenue during the time Ocean City was closed.

Despite the huge economic hit, Maryland Comptroller Peter Franchot said he's thankful the storm caused minimal injury and death.

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4 comments:

  1. Get ready for ANOTHER "safety" or "education" campaign by the ever vigilant and omnipresent (land, air,sea) armed enforcers of the never ending and pervasive (for our own good) revenue enhancers for the state. You know what I'm saying.

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  2. I understand that all the businesses lost revenue but I'd like to know just how many of them offset that number with the amount of money they SAVED by being closed.
    For example, electricity, food, wages, etc, etc, etc.
    THEN talk to me about how much money you lost! Give me a NET number!
    I'm sure the state lost some money because their numbers are based on payroll and sales tax.

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  3. lol circular logic?

    ReplyDelete

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