Thanks O'Malley....Maryland will be #2 in taxes as a % of income

[Bloomin Onion]

Maryland's taxes are ridiculous and insane. here the cigarette tax is $2 a carton and they want to make it $3. In Virginia it is 30 cents a carton. Virginia also has much lower gasoline and alcohol taxes. Taxes and nanny state laws (like fireworks) hurts business here!

Now they have a legal limit of 2 packs of cigarettes you can bring from out of state. Peter Fronchot claims its to protect Maryland businesses. If he really wants to protect businesses here he would advocate for a lower cigarette tax.

[rudy_d]

Now they have a legal limit of 2 packs of cigarettes you can bring from out of state. Peter Fronchot claims its to protect Maryland businesses. If he really wants to protect businesses here he would advocate for a lower cigarette tax.

To play devil's advocate, lowering the cigarette tax is likely to increase the amount that people smoke, thereby increasing health problems and employer health care costs (which are also likely to be passed down to employees). Not good for every business, although convenience stores would certainly benefit.

[Bloomin Onion]

Limiting the amount of cigarettes we can bring into Maryland sets a terrible slippery slope precedent especailly since its all about getting the taxes. When will they limit how much gasoline we can bring back? Or how much alcohol. After all alcohol and gasoline taxes are also both lower in Virginia.

[The Eternal White Belt]

Such laws already exist in many states, including PA. They can fine you something like $100 a bottle for bringing alcohol in from another state.

[ybnormal]

move

Typical response from yet another ill-informed, non-taxpaying, state resource parasite. How do we know this? Because any hard-working, taxpaying, non-state resource parasite would be/is extremely ticked off about the ramifications (look it up) of sequestration (look that up too, moron).

More fallout: stock investors will see taxes on company-paid dividends jump 300%, from the current 15% to 43%.

[Virginia Poe]

Typical response from yet another ill-informed, non-taxpaying, state resource parasite. How do we know this? Because any hard-working, taxpaying, non-state resource parasite would be/is extremely ticked off about the ramifications (look it up) of sequestration (look that up too, moron).

More fallout: stock investors will see taxes on company-paid dividends jump 300%, from the current 15% to 43%.

Don't you just LOVE the : "Well Then MOVE!" comments?? It's lovely that our anacestors have been here for 150 or more years, LEGAL Immigrants who helped build this state and we get "Well then MOVE if ya don't like it!" After the parasites have ruined it.

Just wait until there is no one left to pay taxes in this sorry azzed corrupt state. LOL!!! Now that will be amusing!

[Norman]

Don't you just LOVE the : "Well Then MOVE!" comments?? It's lovely that our anacestors have been here for 150 or more years, LEGAL Immigrants who helped build this state and we get "Well then MOVE if ya don't like it!" After the parasites have ruined it.

Just wait until there is no one left to pay taxes in this sorry azzed corrupt state. LOL!!! Now that will be amusing!

Can i get a Huzzzah!

[bmore_ken]

Just wait until there is no one left to pay taxes in this sorry azzed corrupt state. LOL!!! Now that will be amusing!

Why don't you start the exodus? Talk is cheap

[rudy_d]

More fallout: stock investors will see taxes on company-paid dividends jump 300%, from the current 15% to 43%.

That's a 187% increase. If the tax on dividends jumped 300%, it would be rising to 60%.

[OldBay]

I receive income from dividend paying stocks. My tax rate on dividends is 0% (a big "Thank You" to GW). The current max rate for the highest earners is 15%. That has not changed, but it is being discussed and it may increase. The highest rate being discussed is to tax dividends at the rate of ordinary income. If your income tax rate for ordinary income is 15%, you will certainly not pay 35 or 39.6% tax on dividends. Nobody has suggested a higher tax for dividends than marginal income tax rates.