ANNAPOLIS, Md. – House Republicans yesterday issued the following statement regarding the report from the Board of Revenue Estimates that state revenue projections are down by $255 million.
“There are many questions surrounding Maryland’s economy at this moment,” said House Minority Leader Jason Buckel. “Our economic indicators and our tax data are telling different stories, calling into question the health of our overall economy. What we do know is that revenues indicating the health of Marylanders wallets – both sales and personal income taxes – are down. Families have less income and less money to spend. This is something the House of Delegates must be aware of as our Democratic colleagues seem hell-bent on increasing Marylander’s tax burden.”
“There appears to be an appetite by the majority party to increase taxes. This is not the time for that,” said House Minority Whip Jesse Pippy. “Rather, we should be looking at how the state is spending taxpayer dollars, and what changes are needed to grow the economy.”
It’s not a revenue issue, it’s a spending problem. C’mon man vote better in November, if not this state will remain tax and spend, the democrats wanting to be the California on the east coast.
And this is news how? The majority party burned thru a billion or so dollar surplus just as fast as they could. So long as a spending bill had “DEI” in it somewhere, the governor signed it. Now they are proposing raising fees and taxes on everything from cannabis to vehicle registrations. If anyone ran a business the way this state is run, they wouldn’t last 2 years.