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.
The Maryland Board of Public Works on Wednesday approved about $18 million in grants for three county school systems from money that will be raised by an increase in the sales tax on alcohol, although one board member questioned why $2 million to replace natural grass football fields with artificial turf at two high schools in Howard County was a priority.
The chairman of the Senate Budget and Taxation Committee says it will be very difficult to address a $1 billion budget deficit and raise substantial revenue for rising transportation needs, unless Gov. Martin O’Malley includes revenue increases in his budget proposal in January.
Maryland analysts are presenting revenue estimates that an extension of the sales tax to various services would generate.
Maryland officials are working on a study to find out just how much tax revenue the state is losing to Internet sales and what could be done to recapture the money.
The state of Maryland is launching a tax-free weekend for Energy Star appliances.
Pumping in the dollars. Maryland lawmakers face a daunting deficit, and now some are hinting at an increase in the state gasoline tax.