Attention

The opinions expressed by columnists are their own and do not represent our advertisers

Thursday, October 18, 2012

’13 Maryland Budget Forecasts Doubt New Tax Hikes

ANNAPOLIS — Fresh from a year in which they raised taxes by $260 million, Maryland lawmakers said Wednesday that they don’t expect to approve any new tax increases when the General Assembly reconvenes next year.
Members met Wednesday with state budget analysts to discuss issues facing the assembly’s Spending Affordability Committee, which must make recommendations in December on how the state should reduce its structural deficit and close a projected $247 million shortfall in next year’s budget.
Despite lingering concerns over the slow economic recovery and possible cuts to federal aid, analysts painted a rosy picture of the state’s finances, which they said have been bolstered by the now-rebounding economy and revenue increases.
 More

2 comments:

Anonymous said...

Considering they just raised our taxes and are trying to BS us with the casino money - we need to get rid of these clowns!

Anonymous said...

Translation: We already raped and pillaged you to pad the surplus so we can give you good news for a couple of years before the 2014 elections.