image description

Tax Cuts Unlikely in 2015 General Assembly

March 25th, 2015 by WCBC Radio

With time running out in the 2015 session of the Maryland General Assembly, it is looking less and less likely that any meaningful tax cuts will be approved for the upcoming fiscal year.  Cutting taxes was a major campaign theme of Governor Larry Hogan and while he has pushed for a number of cuts during the current session, the Democrat controlled House and Senate do not seem inclined to move in that direction. Even Comptroller Peter Franchot, who although a democrat, has proven an ally to the new republican governor early on, has said that tax cuts wouldn’t be prudent at this time given the fragile state of Maryland’s economy. Delegate Kathy Szeliga,  House Minority Whip, said that even if no tax cuts are approved this year- Governor Hogan has begun the process of improving Maryland’s budget picture…


Leave a Reply

View Mobile Site