Md Passes largest tax hike in history.
- Thread starter bcp
- Start date
bcp
In My Opinion
I stand corrected, its well worth the few hundred extra every month in taxes.
I just found out that baltimore city has approved 1.2 billion in additional spending next year for their schools.. I wonder where that money suddenly came from.
I feel good about depriving my family in favor of the crack whores kid.
I just found out that baltimore city has approved 1.2 billion in additional spending next year for their schools.. I wonder where that money suddenly came from.
I feel good about depriving my family in favor of the crack whores kid.
Pete
Repete
And the fools who voted them in wont be affected by the bulk of it except the cigarette tax.
aps45819
24/7 Single Dad
To prevent multistate companies from using income-shifting strategies to avoid corporate taxes, Gardner's group and others supported the adoption of combined reporting as "a way of closing the barn door" on loopholes. It would require a multistate company to combine the profits of all its subsidiaries, no matter where they are, in computing state taxes.
Sounds like a well thought out plan if the object is to get ALL multi state corporations to leave Maryland.
Sounds like a well thought out plan if the object is to get ALL multi state corporations to leave Maryland.
bcp
In My Opinion
how do you figure 1%?
pull your head out of OMalleys ass long enough to see the whole picture.
20% increase in sales tax. thats 1 cent, not 1%
increase in personal income tax.
addition of taxes not currently paid on various services
now, to top it off, the bulk of the tax burden will be paid for (OMalleys words, not mine) by 14% of the population.
lets look shall we.
there are roughly (2006 numbers) 2.8 million people working in the state.
take 14% of them.
figure out the amount needed by each of the 14% to pay off 1.7 billion dollars in new funding.
You are most welcome.
Vince
......
The Dems wanted them in and now we all have to pay the price. :shrug: Either we put up with them or move out of Md. When the time comes, you won't be able to afford to retire here.
aps45819
24/7 Single Dad
Xaquin44
New Member
looks like some are going down too
aps45819
24/7 Single Dad
If you're making minimum wage
and you don't drive, smoke, buy food or clothes
cwo_ghwebb
No Use for Donk Twits
And the gas tax will NEVER decrease, as if taxes ever do.
I'd like to know how we went from a surplus to almost 2 billion bucks in the red in ten months!
Ye gets what ye votes in!
MMDad
Lem Putt
If you're making minimum wage
Actually, what the O'Malley koolaid drinkers don't want you to know is that the sales tax increase impacts the poor just as hard as the rest of us. Their bottom line will be affected by the sales tax increase, as well as increased taxes on services such as auto repair. These are not optional, luxury conveniences that people can just opt not to spend money on.
The governor loves to make token reductions so that koolaid drinkers like Xaquin will think they actually care about the people, and they rely on the fact that most of these people will not look further and see how the increases actually affect them.
Aps, your pointing out the tobacco tax is a great example. Who do you think that one is hit harder? The rich or the poor?
Same with the alcohol tax increases. They aren't based on the cost of the bottle, they are based on quantity of alcohol. If someone buys a 1.75 of Blackwatch Vodka, their tax on that purchase will increase $1.40. If someone else buys a fifth of premium scotch, the price of that $50 bottle will go up $0.70. So tell me, does that hit the rich people harder or the poor people?
I almost feel sorry for theses idiots who fall for the party line so easily. Then I see that they voted for these tax and spend a-holes in the first place and I despise them instead.