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Maryland Lawmaker Pushes to Make Wealth Tax Permanent
Frederick County Delegate Tom Hattery argues to repeal the sunset on last year's emergency tax hike targeting individuals earning over 100000 and married filers over 150000, proposing a higher 6 percent rate be kept to fund a middle class tax cut. He suggests raising the 4 percent bracket from 3000 to 6000, yielding about 45 dollars in savings for the first 6000 of income, while business groups warn the move could hurt Maryland’s business climate and jobs.
MENTIONED IN THIS ARTICLE
Annapolis
Frederick County
Tom Hattery
House
Ways and Means
Maryland Chamber of Commerce
Maryland Business Council
Maryland
Don Hutchinson
Business Council
Gene Burner
State Chamber