Annapolis, MD — More than one week after Democrats in the General Assembly announced measures to help Marylanders, Governor Larry Hogan still does not have a plan to protect Maryland taxpayers from the GOP middle-class tax hike. Hogan was missing in action as his Republican allies raised Marylanders’ taxes, despite mountains of evidence that the bill would be a disaster for Maryland.
“Governor Hogan failed to use his bully pulpit to try to protect Marylanders from his Republican allies’ tax bill, and he still has no plan to protect taxpayers,” said Maryland Democratic Party Chair Kathleen Matthews.
A report released today by the Maryland Board of Revenue found that hundreds of thousands of Marylanders’ federal and state taxes will be jacked up by the tax scam bill.
“The Board of Revenue’s report confirms what countless studies have shown for months: the GOP’s tax bill is a disaster for Maryland and will jack up taxes on hundreds of thousands of middle-class families,” Matthews continued. “Governor Hogan needs to get off the sidelines and start doing his job to protect Maryland families from this terrible bill.”
Last week, Democrats in the State House released their Taxpayer Protection Plan to protect Marylanders from the GOP tax scam.
The Democratic Taxpayer Protection Plan will:
- Put $680 million back in the Maryland taxpayers’ pockets. The plan restores Maryland’s longstanding personal exemptions—which were eliminated by Congress in the tax hike—to put $680 million back in the pockets of Marylanders.
- Prevent the wealthiest Maryland families from avoiding estate tax. The plan decouples Maryland’s estate tax from the federal estate tax, which was doubled under the GOP tax scam from $11.2 million to $22.4 million.
- Allow Marylanders to make charitable contributions to public education. The plan creates a new charitable fund solely benefiting public education statewide, which will allow Marylanders to fund public education and deduct the contribution from their taxes to counteract the $10,000 deduction on State and Local Taxes deductions.