Editorial: Top 10 worst blunders of 2007

Published



» The special session to raise taxes

Just as the national economy teeters on the verge of a recession, Gov. Martin O?Malley, Senate President Thomas V . Mike Miller and House Speaker Michael Busch decided to increase state taxes across the board. As Steve Hanke, professor of applied economics at Johns Hopkins University, said, “This whole thing happened with the worst possible timing.” And contrary to what Gov. Martin O?Malley said, 83 percent of us will not be paying lower taxes ? 100 percent will be paying more through higher sales taxes and a host of other taxes including those on computer services and cigarettes.

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