Senate Tax Cut Bill May Be In The Works

The Daily Record‘s Bryan Sears interviewed Senate Budget & Taxation Committee Chair Ed Kasemeyer Monday night, and gathered some sense that a tax reduction bill may begin to move in the Senate.

From the Daily Record coverage:

“We’re trying to do something that will have a positive impact on everybody so we’re looking at tax rates in combination with the Earned Income Tax Credit,” Kasemeyer said in a brief interview following the Senate session Monday night. “The two together we think will help.”

“We’re trying to stay within the parameters of $50 million to $60 million,” Kasemeyer said. “We don’t want to look like we’re spending too much and look like we’re not responsible and keep it within a four or five year period.”

Kasemeyer said legislation could become public “next week some time.”

Visit the TDR website to see more 2016 session coverage by Bryan Sears – though access to many items is limited to paid subscribers.

Michael Sanderson

Executive Director Maryland Association of Counties
Close Menu
%d bloggers like this: