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Maryland approves $260 million tax hike — on incomes above $100,000

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From Washington Times:

ANNAPOLIS — The Maryland General Assemblypassed 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 [...]


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