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Not Everyone Excited About FY 2017 Budget

March 25th, 2016 by WCBC Radio

While there was strong bi-partisan support for the proposed FY 2017 budget in the Maryland General Assembly, not everyone is excited about the final package. Senate Budget and Taxation Committee Vice Chairman Richard Madaleno said that while he supports expansion of the earned income tax credit which would benefit 225,000 taxpayers- he has concerns with the other rates cuts for higher income individuals, believing the state cannot afford the loss of revenue…

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