Posted on 05/27/2014 7:12:24 AM PDT by Olog-hai
The Supreme Court is taking up a dispute over how a state may tax income its residents earn in another state.
The high court on Monday agreed to hear an appeal from Maryland officials who want to overturn a lower court ruling that found the states tax law unconstitutional.
(Excerpt) Read more at hosted.ap.org ...
George Harrison,1966
"I'd tax Raquel Welch...and I have a feeling she'd tax me"
Bit mystified by the article... State income tax allows deductions for taxes paid in another state, but local units (county and city) don’t honor that deduction? Deductions are a constitutional mandate now?
Yes, and the local “piggyback” taxes to cities and countes is considerable in MD, so this is a big deal. If MD wins the appeal, watch for penalties and interest to be applied to tax refunds resulting from the challenge to the local tax authorities’ overreach.
Weird that this has to go to the SC. Seems to be a state issue, but then again, this is MD.
And my advice for those who die: Declare the pennies on your eyesOf course in 1966, the British penny had the same diameter as the US half dollar coin.
Gansler the fascist.
Haven’t you heard? They tax the rain here.
I hate this state.
I went down to Balmawr
Headed towards the Eastern Shore
Crowded rush for OC
Fleeing from the DC core
Taxman grabbed my wallet
And seized my golden chain.
And I wonder
Still I wonder
Who’d tax the rain?
Maryland “Freak State” PING!
Very good!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.