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.
With time running short, a panel of Maryland lawmakers made progress on Saturday on proposals to raise income taxes for people who make more than $100,000.
Maryland lawmakers take a giant leap toward cutting a billion dollar deficit in half, but it’s going to cost you.
A tax hike is coming to Maryland but the Maryland House and Senate are split on the size of that hike.
More taxes. That’s what the state Senate approved Thursday as their budget now heads to the House of Delegates.
Maryland income taxes would rise and a split of teacher pension costs with local governments would be phased in over four years instead of one, under changes to Gov. Martin O’Malley’s budget plan that were approved by the Senate Budget and Taxation Committee on Thursday.
Maryland’s Board of Revenue Estimates has revised state revenue projections downward by about $80 million for the current fiscal year and $50 million for the next one.
Mayor Michael Bloomberg is again refusing to release his unedited income taxes. But the heavily redacted documents provided Friday by his administration do provide a peek into the lifestyle and giftmaking of one of the world’s richest men.
Gov. Martin O’Malley has signed a bill allowing illegal immigrants to pay in-state college tuition, if they meet certain conditions.