DNC Responds to Reports Nearly 3 in 10 Marylanders Will Pay More Under GOP Tax Scam
January 26, 2018
Following a report from the Washington Post that Marylanders will be hit even harder than most by the Trump-GOP tax plan, DNC spokesperson Elizabeth Renda released the following statement:
“Thanks to Donald Trump and Republicans’ scam of a tax plan that puts the needs of big corporations ahead of working families, three in ten Marylanders could owe the state more in taxes next year. Democrats in the Maryland legislature are fighting to mitigate the damaging effects of the bill by advocating for common-sense solutions like allowing Marylanders to receive state tax credits for donating to a state-run charity that would help fund public schools. Meanwhile, Governor Hogan has no real plan to protect Marylanders, just empty talking points. Hogan should stop trying to obstruct efforts to solve the problem his party created and join the Democrats in his state fighting for actual results for Maryland taxpayers.”
In case you missed it, here are some of the ways Marylanders could be impacted by the Trump-GOP tax plan if Hogan refuses to work with Democrats for a solution, according to the Maryland Comptroller’s Office:
- Nearly 800,000 taxpayers would see their state and local tax bills rise, including 20% of Marylanders making less than $50,000 and a third of those making between $50,000 and $100,000. The average increase for all taxpayers would be $523.
- Almost 300,000 Marylanders who make less than $100,000 per year would owe more federal taxes.
- The financial incentive for most of the 574,000 Marylanders who itemized charitable donations and gave $1.5 billion in 2014 would be eliminated.