Maryland Legislators Propose Tax Increases to Offset Revenue Shortfall

1 min read
Source: The Washington Post
Maryland Legislators Propose Tax Increases to Offset Revenue Shortfall
Photo: The Washington Post
TL;DR Summary

Maryland House Democrats proposed a $1.2 billion tax, toll, and fee increase package to address mounting deficit projections, aiming to secure sustainable funding for education and transportation projects. The proposal includes measures such as legalizing and taxing online gambling, imposing new fees on electric vehicles, and raising tolls for out-of-state drivers. The move has sparked tensions within the Democratic party, with Senate leaders advocating for a public case before implementing tax hikes, while Republicans oppose the tax increases, labeling it as the biggest in state history.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

6 min

vs 7 min read

Condensed

93%

1,21286 words

Want the full story? Read the original article

Read on The Washington Post