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Maryland Debates Sales Tax: Lower Rates, Broader Reach

March 13, 2024

A proposed bill in Maryland’s capital is stirring debate as it aims to lower the state’s sales tax from 6 percent to 5 percent while broadening its scope to tax services. Initially, the prospect of a lower sales tax rate may seem appealing to consumers, with the potential for more money to stay in their pockets. However, the other aspect of the bill, which seeks to expand the sales tax to encompass a wider array of goods and services, has brought controversy.

 

Article Source: WBOC

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