Maryland is expected to have a budget shortfall of $1 billion for fiscal 2013. O’Malley is convening a special session of the legislature in October to look at the new taxes. He expects to succeed because Democrats, which control both houses of the legislature, are willing to tax citizens more. That’s the long and short of it—and it’s nothing new!
Here is O’Malley at the Washington Examiner this week:
Maryland Gov. Martin O’Malley says state lawmakers must consider tax increases to help plug a projected budget shortfall that is expected to exceed $1 billion for fiscal 2013.
“We need to be open to a balanced approach, including, if necessary, looking at revenues,” O’Malley said Monday on WTOP radio.
The state Senate’s Budget and Taxation Committee recently reviewed a swath of potential new taxes that would apply to consumer services, such as accounting and landscaping, as well as snack food and prescription drugs.
The committee also considered raising gas taxes and a proposal that would tax large-scale Internet companies, such as Amazon.com, that do business with Maryland companies.
The budget committee is examining its revenue options in preparation for the General Assembly’s special session, which is convening in October to focus on redistricting.
O’Malley said he expects to find broad support within the legislature for new tax increases.
On that last bit above, they have enough Democrats to do this without Republicans so there is NOTHING in this that benefits Republicans and we hope they will stand firm and support budget cuts with NO new taxes!
Tea Partiers and other conservatives will be letting O’Malley know what we think of his plans at a rally on October 18th in Annapolis. Be there! Noon to two, Lawyers Mall!