Tax Update
Last Minute Tax Gets Legs!
We've been working hard to hold the line on Governor Hogan's budget priorities. The Senate voted unanimously for the budget. Next week, the House will vote on the conference committee version of the budget. We should have tax relief this year. However, it's not a concept that's been used in Annapolis for 20 years.
The Leadership in the House is stalling any tax relief measures.
Here are some of the taxes that have been proposed this year but will NOT pass:
Chicken Tax - $15 million annual tax on poultry farmers - HB 886
Death Tax - eliminate the death tax repeal we passed last year HB 730
Bottle Tax - 5 cent tax on every bottle - can be redeemed if you return a bottle HB982
Bag tax - bans plastic bags and puts a 10 cent tax on paper bags - HB 551
Tobacco Tax - a $90 million annual tax on tobacco products - HB 108
Tax on Utility Bills for solar & wind - ramps up to a $566 million annual tax HB 377
It's not too late to get some tax relief passed this year. I will continue to work on a few measures coming over from the Senate. Tax relief is proving to be a tough concept for too many in Annapolis to embrace. Oh what a difference a year makes!
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
1 comment:
JUST as I told you they would....find MORE taxes, fees, fines, surcharges.
"Your guy" is right there with them. WHY?
Because he, too, has to come up with more and more money because ALL of our tax money has been spent for the next 15 years.
Is there anything --- ANYTHING -- that they haven't taxed.
Because a thing exists doesn't mean politicians can, or should TAX it.
But apparently that's all they do - sit around and think up new ways (and new things) to TAX.
Have I ever mentioned hanging them?
Keep cheering. Even LOUDER for "your guy"!!
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