Support for taxing Maryland’s rich residents grows

Published



Pressure is mounting on Maryland Gov. Martin O’Malley and the General Assembly to raise taxes on the rich as lawmakers prepare to close a budget shortfall of at least $1 billion for the fourth straight year.

Joining the national call for wealthy Americans to pay more in taxes, union members are urging Maryland lawmakers to help plug the state’s $1.1 billion budget shortfall in fiscal 2013 by reinstating the so-called millionaire’s tax, a surcharge that O’Malley initiated in 2008 on the state’s wealthiest residents.

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