Trump tax law poised to create windfall for states - The Hill
https://apple.news/ARGDGlW1MQ_-9NCsepUMH9w
Interesting how two states view this windfall.....
Maryland's Bureau of Revenue estimated the state's taxpayers would pay $450 million more in state taxes and $300 million more in local taxes every year under the new law. Gov. Larry Hogan (R) has said he will introduce legislation to give that money back to local taxpayers.
Colorado Gov. John Hickenlooper (D) has taken the opposite approach. He has asked his legislature to add $300 million in new spending, revenue that will come from the federal tax overhaul.
You got to love those Dems......
https://apple.news/ARGDGlW1MQ_-9NCsepUMH9w
Interesting how two states view this windfall.....
Maryland's Bureau of Revenue estimated the state's taxpayers would pay $450 million more in state taxes and $300 million more in local taxes every year under the new law. Gov. Larry Hogan (R) has said he will introduce legislation to give that money back to local taxpayers.
Colorado Gov. John Hickenlooper (D) has taken the opposite approach. He has asked his legislature to add $300 million in new spending, revenue that will come from the federal tax overhaul.
You got to love those Dems......
