image description

General Assembly Fails to Provide Income Tax Break

April 13th, 2016 by WCBC Radio

As the gavel fell at midnight Monday ending the 2016 General Assembly Session- Maryland lawmakers walked away unable to reach a deal that would have given residents their first major income tax break in nearly two decades. The tax negotiations unraveled in the final hours of the session  prompting Senate President Mike Miller to suggest the "remote possibility" the legislature hold a special session to approve what was once a widely supported plan to reduce taxes by roughly $250 million. Democrats negotiating the cuts got stuck over how far up the income scale the breaks should go.  Republican 1B Delegate Jason Buckel tells WCBC News that he believes Democratic leaders "dropped the ball" saying that he was optimistic going into the final day that a compromise deal could be struck…

Leave a Reply

View Mobile Site