Senators Explore Repeal Of 1997 Tax Cut

ANNAPOLIS, Md. (AP) — Senate President Thomas V. Mike Miller says senators are exploring a bill that proposes to repeal a Maryland tax cut approved in 1997 to help balance the budget.

Miller, D-Calvert, told reporters on Thursday that a bill sponsored by Sen. Roger Manno, D-Montgomery, is under consideration to help address the state’s $1.1 billion budget deficit. The bill would increase state income taxes by .25 percent.

However, Miller says senators have not settled on what the number would be. He says that’s because the ultimate outcome in tackling the budget deficit will be a combination of cuts as well as revenues.

(Copyright 2012 by The Associated Press.  All Rights Reserved.)

Comments

One Comment

  1. Wiseguy says:

    Enough with the taxes!!!

  2. Trapper says:

    Blame Ehrlich

  3. camo says:

    Here they go again ! I am so tired of the same old sh_t from the dems.” We must raise taxes” Bullsh-t ! CUT SPENDING ! ! ! ! I’ve got another idea ! Why don’t we get together a petition for the ballot that would allow us to cede or give Washington D.C both Prince Georges and Montgomery counties ,Hell lets throw in Baltimore city too. That way come next election maybe we would stand some chance of getting a little less one sided state government. Look, this is no worse then the way Glendening , O’Moron and the rest of the Dems carved the state into legislative districts solely benefitting them.

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