After a series of cheerful announcements about better-than-expected tax revenues, Maryland's Board of Revenue Estimates reversed that Friday, projecting that the state would take in $120 million less, mostly blaming weaker-than-expected sales tax figures.
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9 comments:
Says that everybody rolled over to receive the gouging the politicos wanted to stick in the residents to support the extravagant spending. There really are some intelligent people in this state.
Seems like the Democrats are getting into a habit of announcing falsely optimistic figures, then backtracking with 'corrected' figures a bit later when the public won't make the connection.
Deception honed to a fine edge.
The White House does this all the time.
Pay attention, and you'll see it.
"weaker than expected sales tax figures"
What do expect when you raise the sales tax 1% and MD is boardered by a state with no sales tax. People are going to shop in DE out of principle.
Just about every week one of my friends is asking me if I want to go to the Rehoboth outlets. No one ever asks if I want to go to the Queenstown ones which are equal distance and have all of the same stores we like.
Obamma, OMalley, OPollitt,
The sales tax was raised 20%, not 1%. A raise from 5 cents on the dollar to 6 cents on the dollar is a 20% increase. Obviously they need the money to pay for better math programs in the public schools.
I'm sure 11:32 meant 1 cent, 8:08 and I'm sure everyone got the message (except maybe you?)
Everytime I go to the Millsboro DE Lowe's the parking lot has atleast 1/2 cars w/MD tags. Same with the BJ's.
If anything they should raise it again so the governor and certain law makers can take some continuing ed classes in not only history but the social sciences esp the governor who hasn't done one thing right in 8 yrs.
watch out wicomico county workers!!! doom is lurking for you around the corner with this and newly named {sig
heil holloway }as dictator of the county council. say good bye to any type of raises and birthday holiday for fy 2012 and beyond.
They raised taxes and are now taking in less revenue. The idiots running this state will never reason out how to stimulate economic growth because logic will never be a part of a democrats chemistry. There is no hope for Maryland until it is no longer a blue state.
9:22 are you aware in just a few short years many cities, counties and states are going to all have retirees outnumber their current active workers? And it will not be long after that the retirement funds will not be sustainable (alot aren't already).
Measures have to be taken NOW to prevent an even more disasterous economic collapse than the housing market.
Nothing is going to change until EVERYONE pitches in and if it means someone has to work on their birthday than so be it.
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