Maryland Democrats unleash taxation on 6 figure earners (user search)
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  Maryland Democrats unleash taxation on 6 figure earners (search mode)
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Author Topic: Maryland Democrats unleash taxation on 6 figure earners  (Read 2295 times)
krazen1211
Junior Chimp
*****
Posts: 7,372


« on: May 16, 2012, 10:00:50 PM »

http://www.washingtonpost.com/local/md-politics/2012/05/16/gIQAfPutUU_story.html

More than 300,000 Maryland residents will pay higher income taxes under a package given final approval by the legislature Wednesday.

The tax increase affects single-filers reporting income in excess of $100,000 and joint-filers reporting more than $150,000 in Maryland, the state with the nation’s highest per-capita income.

Maryland General Assembly counts down the calendar: Maryland lawmakers were preparing to end their 2012 session — and pass a fiscal 2013 budget.

Democratic lawmakers closed ranks behind Gov. Martin O’Malley (D), who argued that his administration needed more money to continue record spending on education.





Congrats, $100kers. For your hard work and success, you just joined the ranks of the 'millionaires' and the 'rich', and you have been marked. Best of luck!
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