Friday, January 20, 2012

Is Maryland in a Recession?

Not if you work for the State!

from the Harford County Dagger
Here is a short list of alarming concerns in the governor’s budget for this year. Remember, in Maryland the governor has the power of the purse – it’s his budget.
–Raises taxes on individuals earning $100K and couples earning $175K ($100K is the new millionaire) while eliminating the home mortgage interest deduction

–Requiring the collection of sales tax on internet purchases.

–Increasing the tax on smokeless tobacco
This budget grows government and increases taxes at a time when we should be doing the opposite. Along with shifting more debt to the counties, the 2013 budget generates “new income” on the backs of the working families and small businesses. Most disturbing is that this budget is only a precursor of the massive tax increases to come.

The solution to Maryland’s budget woes… CUT SPENDING!

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