Friday, July 6, 2012

Tax Increases For Some Marylanders Go Into Effect This Week

FREDERICK, MD - Some people in Maryland will get a surprise when they look at their tax bill.

In a special session the Maryland General Assembly approved increasing taxes for people who make more than $100,000 a year and couples who make more than $150,000 a year. Those changes take effect this week.

"They will go up for most people anywhere from five to 15-percent, and what they'll also see is that they'll be retroactive....

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