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Supporters say the measure will raise roughly the same amount of money as O'Malley's plan after six years - about $830 million annually once new bonding capacity is added to the mix.
The bill approved by the House Ways and Means Committee would apply a 1 percent sales tax at the wholesale level on July 1, instead of 2 percent under O'Malley's plan.
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6 comments:
It's a shame that people are not paying attention. The real impact is when the second tax hit comes out of the Counties. O'Malley has made multiple funding changes which will force the Counties to pick up the shortfall. The Teacher Pension is just one of them. The Counties will end up doing the same to Municipalities and has already begun in Worcester County. The liquor control board there is building a new retail outlet on Route 50 with the anticipate closing of another in Berlin. This will result in Berlin losing hundreds of thousands in tax revenue from liquor sales.
Theives.
When O'Malley's done...we will be flat busted...if it's not already too late
is this supposed to make us feel better? WELL IT DOESN'T !!!
10:04, yeah right, let me guess you are talking about a county thAt has yet to raise it's piggyback tax to what the rest of us have been paying for years?
kiss your teachers pension goodbye same for all those do nothing politicians pensions.
Even though I live only 2 miles from tax free fuel, smokes, booze, and groceries, I'm still looking for another state to move to! Property tax is next on the list!
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