Lollar’s “not willing to get into the weeds and specifics now,” but for the sake of a “bold idea” the Charles County businessman is calling for the phasing out of Maryland’s personal income tax, which accounts for $8 billion of the state’s $39 billion annual budget.
Lollar thinks he can make up the difference by attracting more businesses to Maryland. And that’s about as deep as the plan goes, it seems.
The move would put Maryland in the company of seven other states — Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming — that don’t tax the income of its citizens.
Latest posts by Robert OBrien (see all)
- Baltimore Woman Accused of Stealing from Local Business to Stock Her Own - December 8, 2017
- Manny Machado Is No Longer the Best; That’s Good News for O’s Fans - December 8, 2017
- Baltimore Ravens 2017: A Tragedy - October 23, 2017