Economist Predicts Taxes Will Increase and Aid to Counties Will Decline

According to the blog, while speaking before the Maryland Economic Development Association, economist Anirban Basu predicts that taxes will increase next year, while aid to counties will continue to decline.

Basu, one of the most widely-quoted economic experts in the state, said in his annual review of economic conditions that “aid to local government will be slashed at every level” and “taxes are going higher,” particularly local property taxes to make up for the loss in state funding.

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