Thu, Dec 21, 2017
Maryland Gov. Larry Hogan is pledging to offer legislation to protect state taxpayers who stand to have their taxes go up because of the federal tax plan passed by Congress.
Gov. Hogan says the Maryland Comptroller’s Office is still determining the exact impact on the state, but that it’s clear some people will see their tax bill go up, and some will see it go down.
Hogan did not provide specific details about the plan, but said that it would aim to return the extra millions of dollars in revenue generated by the tax bill to Marylanders who may lose federal deductions and exemptions.