In what could be the first blow to Gov. Martin O?Malley?s deficit solution, senators on Saturday said they would not likely heed his call to change a tax system that proponents say allows corporations to avoid paying millions in income taxes.
Estimated to generate $27 million, the proposal known as combined reporting does not have enough votes to pass the Budget and Taxation Committee, Chairman Ulysses Currie said.Members appear to favor establishing a commission to study the state?s business tax structure over the next several years.
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