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Franchot Cautions Raising Gas Tax

January 29th, 2013 by WCBC Radio

For the second consecutive year, Maryland Governor Martin O'Malley is considering a proposal to create sales tax on gasoline or a straight gas tax hike- and once again the state comptroller is voicing strong opposition to the concept. Comptroller Peter Franchot said during last week's PACE Reception that discussions of the tax should wait until the state has fully recovered from the recession. He said to implement such a tax increase at this time would deal a crushing blow to Maryland families and small businesses trying to dig themselves out. Franchot notes that the state already imposes a 23.5-cents per gallon tax on gasoline- and that leading economists have recently addressed state lawmakers and painted a bleak picture for how a gas hike would impact Marylanders.

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