Governor Martin O’Malley is expected to sign the state’s new income tax hike into law next week. He called the General Assembly into special session this week to raise taxes to avoid cuts in 2013 budget. State comptroller Peter Franchot was among those objecting to the tax hike.
Debate over a state income tax increase expands beyond the statehouse. Maryland’s legislative leaders are still laying the groundwork for a special session to settle budget issues that failed to be resolved before the end of the regular legislative session.
Gov. Martin O’Malley fired back Wednesday at Comptroller Peter Franchot for criticism of O’Malley’s gas tax proposal, describing him as “kind of our version of Mitt Romney.”
At the region’s first Delmarva Poultry Summit at Salisbury University on Wednesday, Peter Franchot reminded a diverse audience that two years ago, growers on Maryland’s Eastern Shore produced $640 million worth of poultry, with Wicomico County’s share alone totaling $250 million.
Maryland should not expect to generate significant new revenue by chasing unpaid sales and use taxes from online sellers without changes in federal law to enable states to collect the money, the state’s comptroller said.
Comptroller Peter Franchot is continuing his push to require Maryland public school students to take a standalone course in financial literacy.
John Leopold tells WJZ’s media partner, “The Baltimore Sun,” he is considering a run for state office in 2014 either for governor or state comptroller.
Maryland Comptroller Peter V.R. Franchot made clear before taking office in 2007 that he would expand the job description beyond collecting taxes, paying the state’s bills and auditing its agencies, and he is living up to that promise.
Gov. Martin O’Malley’s budget secretary said Thursday that the state has a general fund surplus of $344 million over previous budget estimates for fiscal year 2011, which ended June 30.
Sunday marks the start of a tax-free shopping week around the state. For many parents, the discount is just in time for back-to-school shopping.
The Maryland Board of Public Works is scheduled to consider approving bonds needed to build a new public health laboratory in Baltimore.
If you’re looking for a good reason to hit the mall, here’s one. The state is giving Marylanders a break with another tax-free holiday.
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