February 23rd, 2018 by WCBC Radio
One of the expected consequences of The Tax Cuts and Jobs Act enacted by the Federal government at the end of 2017 is that residents of higher-tax states, including Maryland, may see higher state tax bills. As a result, Governor Larry Hogan recently unveiled legislation and other measures to protect Marylanders from state and local tax increases resulting from the recent federal tax overhaul. He also announced that the administration will take immediate steps to address health insurance rates set to skyrocket as a result of dysfunction and inaction in Washington, D.C., and will work with the Maryland General Assembly to develop common sense solutions to protect health care coverage for thousands of Marylanders. Delegate 1C Mike McKay supports the governor’s effort, saying it would shield Maryland taxpayers from tax bill increases…
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