The Maryland Association of Realtors will rally Wednesday in Annapolis against the plan, which adds the group to a growing collective of Marylanders opposed to the governor’s lists of proposed tax increases.
Mr. O'Malley, a Democrat, has proposed tax increases on income, cigars, septic system bills and gas as well as a new tax on Internet purchases — alarming Republicans, many Democrats and business leaders from the trucking to retail petroleum industries.
The proposed gas-tax increase came just months after the O’Malley administration increased tolls on several highways and bridges.
Mr. O'Malley now seeks to cut the value of itemized deductions by 10 percent for residents making more than $100,000 annually and by 20 percent for those making $200,000 or more.More
4 comments:
Real estate agents care about one thing: their commission.
Sure, the real estate agents care about the tax increase but the home owner is the one hurt the most. Don't worry, if this does not work, OMalley will find something else to tax.
boy 11:23 you are so very stupid. everyone needs to make a living. what in the he-- do you do? live off the taxpayer? get a real life please because you get on my last nerve.
it's your choice what you do with your life. if you want to make more money then study and work hard. it's not my fault that you are a loser. do you want a little cheese with your wine? you're just jealous; you numbskull.
i'm sick and tired of class and race warfare. i'm calling it out everytime i see it and your the latest.
homeowners have already taken a huge hit on home values/equity. we don't need this at this time. maybe when we get a new prez and admin. and a completely re-tooled tax policy we can afford to drop the mtg. deduction, but again, now is not the time.
The cap idea sucks.
So much for the American Dream of homeownership.
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