Governor of Maryland Larry Hogan talks about a bill that he is introducing for Maryland tax payers in response to the new federal tax plan. (Kim Hairston, Baltimore Sun video)
So, The Baltimore Sun’s editorial board agrees that the federal tax law changes should not make any Marylander’s state and local taxes go up (“Protecting taxpayers from bad federal policy, the Maryland way,” March 7). But this belief quickly dissolves for those with higher incomes who will see larger benefits from the federal tax cuts as “few of them will be net losers when federal, state and local taxes are considered in the aggregate,” according to The Sun.
So, you think it is only fair to give with one hand and, under the table, take back from those (who pay the bulk of taxes) with the other hand by doing nothing to rectify the former linkage that is now altered between federal and state taxes?
I’m not against taxation for the general good, but this seems to me to be merely a sleight of hand to take more from a group of taxpayers by doing nothing to resolve a technical interconnection between the tax codes. I guess the ends justify the means to some.