image description

Potential For Significant Tax And Fee Hikes Focus Of Maryland General Assembly

January 12th, 2012 by WCBC Radio

The 2012 session of the Maryland General Assembly opened Wednesday- and already there seems to be a focus on the potential for significant tax and fee hikes coming during the next 90 days. Governor Martin O'Malley said Wednesday he would prefer to raise the state's sales tax instead of the one on gas to address the budget deficit and pay for road and highway repairs, but noted that revenue proposals are quickly changing. O'Malley said he believes an increase in the sales tax from 5 percent to 6 percent in a 2007 special session enabled Maryland to do things other states couldn't during the recession…

Leave a Reply

View Mobile Site