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Sunday, April 08, 2012

Maryland Panel Makes Progress On Tax Hikes

With time running short, a panel of Maryland lawmakers made progress on Saturday on proposals to raise income taxes for people who make more than $100,000.00.

As lawmakers aim to balance the books for the next fiscal year and reduce an ongoing $1.1 billion deficit by about half, the panel worked to reconcile differences in legislation already passed by the House and Senate.

Senate negotiators accepted a proposal by House conferees on the income tax rates.

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1 comment:

Anonymous said...

Is this what it means to be a Progressive? Progressive on what? Tax hikes? I believe I will stick to being a Conservative, thank you.