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Maryland Assembly OKs $260M tax hike, teacher pension shift
Washington Times ^ | May 16, 2012 | David Hill

Posted on 05/17/2012 7:28:51 AM PDT by C19fan

The Maryland General Assembly passed a $260 million tax increase Wednesday as it adjourned from a three-day special session that ended with Gov. Martin O'Malley saying he will bring lawmakers back for another session this summer.

The House gave final approval to two bills that will raise income taxes and shift a portion of teacher pension costs to counties to balance the state’s $35.5 billion budget, which is nearly $1 billion larger than last year’s spending plan.

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events; US: Maryland
KEYWORDS: martinomalley; maryland; md2012; omalley; taxandspend; taxes; taxincrease
The bad is part is leftie Marylanders will now move into NoVa screwing up that area even more.
1 posted on 05/17/2012 7:29:01 AM PDT by C19fan
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To: C19fan

A good first attempt by the Democrat Socialists in Maryland to bring their state down economically ... but they still have a way to go to catch up with the Democrat Socialists in California who have developed the practice of hurting their citizens into a fine art.


2 posted on 05/17/2012 7:35:31 AM PDT by glennaro
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To: C19fan
Maryland Assembly OKs $260M tax hike, teacher pension shift

Maryland has decided to become GREECE.

3 posted on 05/17/2012 7:35:38 AM PDT by Uri’el-2012 (Psalm 119:174 I long for Your salvation, YHvH, Your law is my delight.)
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To: sickoflibs

Ping.


4 posted on 05/17/2012 7:37:01 AM PDT by ConjunctionJunction
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To: C19fan

Per Fox this morning, they are raising taxes on the “rich” making 4100K or more and couples making $150K or more. Looks like the “rich” are getting poorer instead of richer. One guy even wondered if Obama will revise “rich” from $250K down to $100K if given a second term...


5 posted on 05/17/2012 7:39:08 AM PDT by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
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To: C19fan

Greece is the word, is the word, is the word...........


6 posted on 05/17/2012 7:39:35 AM PDT by Red Badger (Think logically. Act normally.................)
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To: UriĀ’el-2012

It’s Greek to me.............


7 posted on 05/17/2012 7:40:06 AM PDT by Red Badger (Think logically. Act normally.................)
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To: C19fan

taxing neighbors out for 100 years


8 posted on 05/17/2012 7:40:45 AM PDT by SF_Redux (Sarah stands for accountablility and personal responsiblity, democrats can't live with that)
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To: C19fan

What’s the increase?


9 posted on 05/17/2012 7:41:21 AM PDT by AppyPappy (If you really want to annoy someone, point out something obvious that they are trying hard to ignore)
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To: C19fan
Lawmakers voted 77-60 in favor of a bill that will raise income-tax rates and lower the value of personal exemptions for single residents making more than $100,000 and couples making more than $150,000.

Wow that's aggressive.
10 posted on 05/17/2012 7:42:31 AM PDT by Vision ("Did I not say to you that if you would believe, you would see the glory of God?" John 11:40)
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To: SF_Redux
Having moved FROM maryland to Utah recently, I can only laugh now at the foolishness of the festering putrid liberal asshats of maryland ( THE Freak state). Bwahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha!
11 posted on 05/17/2012 7:44:38 AM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: C19fan

Oddly enough, this bill screws liberals more than conservatives. Liberals are more likely to have two spouses working. It’s pretty easy to get to that 150K level with both spouses having cushy Federal jobs. Conservatives are more likely to have the wife not working or working part time.


12 posted on 05/17/2012 7:45:35 AM PDT by Our man in washington
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To: Our man in washington

I wouldn’t take the state of Maryland if you gave it to me.


13 posted on 05/17/2012 7:48:15 AM PDT by Eric in the Ozarks
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To: C19fan

It’s not a 260M tax hike...it’s 260M PLUS the increased county taxes where you live to cover the shift of the teacher pension costs.

Basically the legislature just enabled O’Malley’s theft of previously paid tax dollars that was supposed to go to teacher’s pensions.


14 posted on 05/17/2012 7:55:47 AM PDT by Abundy
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To: C19fan
You folks are missing the real killer, here:

shift a portion of teacher pension costs to counties

And how, pray tell, will the counties pay for these teacher pension costs?

Why, they'll have to increase their income taxes.

Yes, folks: Maryland counties have an income tax, of approximately 3% of one's state income tax. Watch that rate go up over the next couple of years ... on everybody.

How convenient ... State government can claim it "only" raised taxes on "the rich" while brushing the county tax increases under the rug.

DemocRats are liars.

15 posted on 05/17/2012 7:56:06 AM PDT by ArrogantBustard (Western Civilization is Aborting, Buggering, and Contracepting itself out of existence.)
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To: hal ogen

we are in process of moving down south so we can save on taxes ..here in PA we will go from $3780. per year to 5x bigger property to only $143. per year on property tax


16 posted on 05/17/2012 8:01:38 AM PDT by SF_Redux (Sarah stands for accountablility and personal responsiblity, democrats can't live with that)
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To: C19fan

Maryland has nothing but contempt and scorn for private enterprise. Manufacturing was forced out long ago.

Delicious irony, the overwhelming majority of those facing the income tax hike will be govt employees, unions, medicine, and academia. These are the hard core of the left in this Marxist hellhole, and MD’s sole substantial industry.

Let that obscene belt of faux wealth girdling DC take a hit. Chickens, come to roost. Eff this place.

Sorry for the rant.


17 posted on 05/17/2012 8:05:11 AM PDT by Stalwart
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To: C19fan

I left MD 5 years ago and ain’t lookin’ back. Florida baby!! No state taxes and a county that gave McCain 60% against Barry.


18 posted on 05/17/2012 8:05:51 AM PDT by Mustard
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To: glennaro

It seems that State parasites are trying to feed off what are mostly Federal Gov’t parasites....


19 posted on 05/17/2012 8:10:33 AM PDT by PGR88
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To: Eric in the Ozarks

-— I wouldn’t take the state of Maryland if you gave it to me.-—

Maryland, the other Massachusetts.

At least it’s warmer down there.


20 posted on 05/17/2012 8:17:19 AM PDT by St_Thomas_Aquinas (hViva Christo Rey!)
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To: Mustard

-—I left MD 5 years ago and ain’t lookin’ back. Florida baby!!——

How do you like the climate? I’m considering fleeing MA for a conservative southern state. Florida seeks purple, unfortunately.


21 posted on 05/17/2012 8:24:16 AM PDT by St_Thomas_Aquinas (hViva Christo Rey!)
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To: ConjunctionJunction; Tolerance Sucks Rocks; ding_dong_daddy_from_dumas; stephenjohnbanker; ...
Thanks, I have been following this pathetic situation. Maryland voters are the classic clueless sheep who believe anything the sleeze-meister Dem Gov Martin O Mally (and Obama) says.

Lie after lie, wave after wave of tax increases on them and they still worship him.

It is sickening.

22 posted on 05/17/2012 8:33:31 AM PDT by sickoflibs (Romney is a liberal. Just watch him closely try to screw us.)
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To: Red Badger
Greece is the word, is the word, is the word...........

Funny. True.

23 posted on 05/17/2012 8:34:33 AM PDT by avenir (I'm pessimistic about man, but I'm optimistic about GOD!)
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To: C19fan

The sad thing there are a lot of conservatives in Maryland but we are so outnumbered by Balt City, Mont County and Prince Georges. I would love to move, but with the housing and economy like it is, who would want to move to MD? I live in beautiful upper Baltimore County, and I love my farm, but I do feel trapped with the way things are now. So sad. Hate that bast$$$$ O’Malley and his cronies.


24 posted on 05/17/2012 8:40:28 AM PDT by gramho12
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To: ArrogantBustard
Yes, folks: Maryland counties have an income tax, of approximately 3% of one's state income tax. Watch that rate go up over the next couple of years ... on everybody.

Correction: it's 3% of income, not 3% of state income taxes. I'm in Montgomery County and our county tax rate is almost identical to the state rate.

25 posted on 05/17/2012 8:40:50 AM PDT by kevkrom (Those in a rush to trample the Constitution seem to forget that it is the source of their authority.)
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To: sickoflibs

Obama Junior..


26 posted on 05/17/2012 8:42:26 AM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: kevkrom

Thank you ... Yes ~3% of income.

My apologies for the error. No excuses.


27 posted on 05/17/2012 8:50:49 AM PDT by ArrogantBustard (Western Civilization is Aborting, Buggering, and Contracepting itself out of existence.)
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To: hal ogen

Those of us stuck here find no amusement in your Bwahahahahhaha’ing!


28 posted on 05/17/2012 9:05:24 AM PDT by momtothree
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To: Abundy

It’s more than that. I remember reading that part of this tax hike is to replenish the state’s transportation “trust” fund which had been emptied not for transportation projects, but for general government services.


29 posted on 05/17/2012 9:30:36 AM PDT by Sgt_Schultze (A half-truth is a complete lie)
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To: hal ogen; carriage_hill

” The IRS sent my Tax forms back! AGAIN!!! I guess it was because of my response to the question : “List all dependents?” I replied -”12 million illegal immigrants;”3 million crack heads;”42 million unemployable people on food stamps,”2 million people in over 243 prisons; “Half of Mexico ; and “535 fools in the U.S. House and Senate.”
Apparently, this was NOT an acceptable answer.”


30 posted on 05/17/2012 9:34:43 AM PDT by SF_Redux (Sarah stands for accountablility and personal responsiblity, democrats can't live with that)
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To: C19fan; Abundy; Albion Wilde; AlwaysFree; AnnaSASsyFR; bayliving; BFM; cindy-true-supporter; ...

Maryland “Freak State” PING!


31 posted on 05/17/2012 9:17:07 PM PDT by Tolerance Sucks Rocks (Occupy DC General Assembly: We are Marxist tools. WE ARE MARXIST TOOLS!)
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To: ArrogantBustard

The state has a cap of 3% for county income taxes, but I’m sure that they won’t mind raising that one in the near future.


32 posted on 05/17/2012 9:20:19 PM PDT by Tolerance Sucks Rocks (Occupy DC General Assembly: We are Marxist tools. WE ARE MARXIST TOOLS!)
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To: C19fan
The bad is part is leftie Marylanders will now move into NoVa screwing up that area even more.

And over here to the VA Eastern Shore - and they've already done enough damage.

33 posted on 05/17/2012 9:29:02 PM PDT by Gabz (Democrats for Voldemort.)
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To: momtothree

You only feel stuck. If you give thought, you still can escape. It just depends on your priorities. I hope you take the opportunity to position your self to leave that liberal hellhole. Good luck.


34 posted on 05/18/2012 6:16:31 AM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: hal ogen

We have between 3 and 3 more years... and then we’re gone. I was just messin’ with you!


35 posted on 05/18/2012 6:20:38 AM PDT by momtothree
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To: hal ogen

I meant to type between 3 and 3 more years.... and then we’re gone!


36 posted on 05/18/2012 6:21:27 AM PDT by momtothree
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To: momtothree

Once you make the decision and set a timeline, being in the crazed Freak state is terrible. You start to notice all the liberal stupidity that before you tolerated so as to not go insane. Good luck...you’re on the way to fredom. Free at last. Thank God, Free at last.


37 posted on 05/18/2012 6:41:10 AM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: UriĀ’el-2012

There’s a reason we call it “The Land of Peasant Living.”


38 posted on 05/18/2012 1:54:35 PM PDT by sauropod (You can elect your very own tyranny - Mark Levin)
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