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Punitive income and estate tax hikes would hurt Md.’s economy

For those who followed Maryland’s General Assembly when Martin O’Malley was governor, the 2020 legislative session is (to quote Yogi Berra) “déjà vu all over again.” As part of a package of bills to fund the $32 billion Kirwan Commission education plan, Del. Stephanie Smith, D-Baltimore, proposes that Maryland increase income tax rates on households earning $72,000 a year ...

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