الخميس، 5 مارس 2020

Bipartisanship Alert: Largest Tax Hike in State History Rejected


After weeks of fierce grassroots opposition, last night the House Ways and Means Revenue Subcommittee unanimously voted down HB 1628, the largest tax increase in state history. 
Marylanders spoke out and sent a loud and clear message that we cannot afford to go back to the failed overtax and overspend policies of the past. I want to thank the legislators on both sides of the aisle for their bipartisan vote against this crippling tax increase. I especially want to thank Majority Leader Luedtke for voting against his own initiative. While we successfully blocked this proposal, sadly, legislators are still trying to raise taxes by hundreds of millions of dollars. As long as I am governor, we will continue fighting to protect Maryland families, retirees, and small businesses from massive tax increases.” —Governor Hogan
Background
While Governor Hogan is pushing to help retirees with the biggest tax cut in more than two decades, legislators proposed the largest tax hike in state history.
  • This would have been the largest tax hike in state history: more than 3.5 times the gas tax hike of 2013, and nearly five times the sales tax hike of 2007. When this tax hike was first proposed two weeks ago, Governor Hogan said, “It’s a tax on working families, it’s a tax on single moms... it’s not ever going to happen while I’m governor, I can promise you.”
     
  • This tax hike would have hit hundreds of everyday expenses and errands, including haircuts, oil changes, dry cleaning, and online streaming services. It would have had devastating impacts on owning a home (realtors, inspections, repairs and renovations), getting married (photographers, florists, caterers), raising a family (babysitting, day camps, veterinary care), and even dying (funerals, cremation, cemeteries) in the State of Maryland.
     
  • This tax hike, about $1,900 per Maryland family, would have been so massive that it added up to more than all of the O'Malley administration's tax hikes combined. 
  • Marylanders across the state voiced their strong opposition to this bill. On Monday, hundreds of citizens rallied in Annapolis against this proposal, and since its introduction, lawmakers received countless emails from concerned constituents.


from Salisbury News https://ift.tt/2VPLoI0

ليست هناك تعليقات:

إرسال تعليق