Combined state and local taxes on cell phones of 12.77% made Maryland the 12th highest in the nation, according to a study by the DC-based Tax Foundation. With federal taxes added into the mix, that rate rises to 18.59% for Marylanders.
“This is just one more example of why Maryland is known as a “high tax” state,” wrote Randolph May, president of the Free-State Foundation, in a July blog post.
All American cell phone owners have to pay the federal rate of 5.82%.
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With that news, O'Malley will increase the tax to make Maryland # 1 baby !!!!
ReplyDeleteMaryland tax payers pay higher taxes then most other states, period, makes no diff what the tax is.
ReplyDelete