Maryland Tax Changes

Gov. Martin O'Malley (D) signed into law sweeping changes to the state's tax structure to close a special legislative session yesterday. The new income tax structure, an increase in the state sales tax and other revenue enhancements will generate an estimated $1.4 billion annually. Meanwhile, cuts in projected spending growth will save about $550 million next year.

SOURCE: Maryland Department of Legislative Services | GRAPHIC: The Washington Post - November 20, 2007

[an error occurred while processing this directive]		TOOLBOX E-Mail This Save/Share + Digg Facebook Reddit Twitter myspace SOURCE: Maryland Department of Legislative Services \| GRAPHIC: The Washington Post - November 20, 2007 ¬es=Gov. Martin O'Malley (D) signed into law sweeping changes to the state's tax structure to close a special legislative session yesterday. The new income tax structure, an increase in the state sales tax and other revenue enhancements will generate an estimated $1.4 billion annually. Meanwhile, cuts in projected spending growth will save about $550 million next year." onclick="if ( typeof otto != 'undefined' ) { }" onmouseover="changebg2('delicious')" onmouseout="resetbg2('delicious')" target="new">del.icio.us SOURCE: Maryland Department of Legislative Services \| GRAPHIC: The Washington Post - November 20, 2007 \'),\'newstrust\'+(new Date()).getMilliseconds(),\'dependent=no,scrollbars=yes,resizable=yes,alwaysRaised=yes,status=yes,directories=yes,location=yes,menubar=yes,toolbar=yes,width=430,height=750,modal=no\'));ntw.focus();'" onclick="if ( typeof otto != 'undefined' ) { }" onmouseover="changebg2('newstrust')" onmouseout="resetbg2('newstrust')">NewsTrust Stumble It! COMMENT 0 Comments Your browser's settings may be preventing you from commenting on and viewing comments about this item. See instructions for fixing the problem. Discussion Policy CLOSE Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post. Who's Blogging » Links to this graphic
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