Maryland Considers Proposal to Extend "Millionaires Tax" to $100,000 Income Level

Earlier this year, Maryland Governor Martin O'Malley proposed a number of tax proposals, including increasing income taxes,[1] applying the sales tax to gasoline,[2] raising cigar taxes,[3] and doubling the "flush" tax, a septic system levy.[4]

Last month, despite the bevy of options that were suggested, the Maryland General Assembly failed to reach a revenue deal by a matter of minutes before the end of their session. What is traditionally a confetti- and balloon-filled final night celebration was replaced by a stern 1 AM press conference by Governor O'Malley.[5] Since then, O'Malley has called a special session to begin on May 14 to discuss an income tax hike which could affect all earnings over $100,000. While specific details are still scarce, we will here review some of the options that were on the table at the end of the regular session and discuss impacts on Maryland's fiscal situation and national competitiveness.

http://www.taxfoundation.org/research/show/28221.html

Here's another one: http://washingtonexaminer.com/local/...earners/451116

Keep working hard American's. Our government needs your contributions lol. Notice how I didn't say, "your family needs your contributions."

We have a great government - government so big we can't pay for it. BRILLIANT.

Liberalism - ideas so good they're MANDATED.