Maryland Budget Crisis a Ruse to Tax The Rich
Posted: Sun Sep 02, 2012 11:11 am
Maryland lawmakers were brought back into special session earlier this summer...they were told they had to pass a tax increase on the rich, or a dooms day budget would cripple education and law enforcement in the state...
Problem is, there was no crisis except the one created by the Democrat Governor and lawmakers...
Even the democrat comptroller Franchot admits the tax hike was not necessary...
Democrats being Democrats...and remember, Governor O'Malley is considered a potential Presidential candidate for the future...
Problem is, there was no crisis except the one created by the Democrat Governor and lawmakers...
http://www.washingtonpost.com/local/md- ... story.html" onclick="window.open(this.href);return false;\Three months after Maryland lawmakers raised taxes on the wealthy, saying the money was urgently needed for classrooms, surging revenue from other areas has left the state with a surplus, prompting a fight about whether the tax increase was needed at all.
Maryland ended its budget year with over a half-billion dollars in the bank — or more than twice as much as expected, Comptroller Peter Franchot (D) announced late last week.
Even the democrat comptroller Franchot admits the tax hike was not necessary...
“It’s clear the ‘doomsday’ budget was always a gimmick to stampede legislators into voting for tax increases and a gambling expansion. They were contrived crises,” Franchot said of the legislature’s two special sessions.
So, can Marylanders hit by the new tax expect to see that law revoked..."The balance shows, absolutely, the tax increases were not needed,” said state Sen. C. Anthony Muse (D-Prince George’s). Muse was one of a handful of Democrats who voted in May against the quarter-percentage-point tax increase on six-figure earners.
Maryland's Democratic governor O'Malley defended the tax hikes after predicting a disaster for the state for month if it wasn't past, saying he really can't predict the future..."I can guarantee we won’t go back and say, ‘Gee, Marylanders, we were wrong, we’re going to rescind the tax,’ ” Muse said. “No, it’ll be spent.”
Yet they can look into the future for tax hikes...“We cannot look several months into the future when we put together our budget and predict outcomes. Would be great if we could but reality is that we can’t,” O’Malley spokeswoman Raquel Guillory said in an e-mail. “These numbers represent sound fiscal policies and a balanced approach to cuts and investments.”
Democrats being Democrats...and remember, Governor O'Malley is considered a potential Presidential candidate for the future...
