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Worsening Md. revenue projections ratchet up rhetoric on tax hikes

March 8, 2024

Maryland’s budget problems worsened Thursday with tax receipts failing to hit estimates for the fifth consecutive time since the pandemic ended. The news quickly ratcheted up the rhetoric among Democrats, who are divided on whether now is the time to raise taxes. Democrats, who have controlled the State House for decades and usually deploy a united front, are ensnared in a behind-the-scenes fight over how to pay for policies that are driving multibillion-dollar deficit projections not seen since the Great Recession.

Article Source: Washington Post

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