Skip to comments.Progress made on Maryland revenue package
Posted on 05/03/2012 5:13:51 PM PDT by Tolerance Sucks Rocks
ANNAPOLIS The General Assembly likely will return May 14 for a two- or three-day special session on a revenue package including income-tax increases and a shift of state-paid teacher-pension costs onto counties, state officials said Wednesday.
Democratic leaders say the extra revenues are needed to bolster the states $35.4 billion spending plan and undo more than $500 million in cuts that went into effect when last-minute bickering caused the assembly to adjourn April 9 without passing two key revenue bills.
The House and Senate still have slightly differing proposals to raise taxes, but leaders said they are making progress and hope to have an agreement before the session begins.
Were still working on that, Senate President Thomas V. Mike Miller Jr. said. Its not a question of myself and [House Speaker Michael E. Busch]; its a question of the House conferees and the Senate conferees sitting down and working over the details.
The state has not formally set a date for the special session, but Mr. Miller said it will start May 14 and representatives for Gov. Martin O'Malley said that will probably be the date.
Mr. Miller, Prince Georges Democrat, met Wednesday morning with Senate Democrats to address the special session, during which the chambers budget negotiators are expected to push for broader income tax hikes than those favored by the House.
The House has sought to raise taxes only on single residents making $100,000 or more and couples making $150,000 or more, while the Senate has pushed to set the thresholds at $75,000 and $125,000.
The issue has been the most significant disagreement between the two chambers.
Mr. Busch, Anne Arundel Democrat, said he plans to meet in coming days with House Democrats to discuss their approach.
(Excerpt) Read more at washingtontimes.com ...
Maryland “Freak State” PING!
It is safe to assume counties will not have the option of changing the terms of the retirement packages of current retirees or current school system employees. As we descend into banana republicanism, local government will increasingly be perceived as guarantors of the oppressor class of the entitled.
In CA, IL, MD, . . . only chumps don't "work" for government.
Hmmm, appears they want to do away with marriage.
well good...it’ll hit the teachers bracket nicely....let them feel the heavy burden of taxation that they help create...
What liberals call 'progress', the rest of us call 'sodomy'.........
--H.L. Mencken, The Baltimore Evening Sun, July 26, 1920
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