Comptroller Peter Franchot painted a grisly picture of Maryland’s economy after the Board of Revenue Estimates reduced its revenue projection for fiscal 2018 by $73.2 million. The decrease of less than 1 percent means Maryland now estimates revenue to be $17.1 billion at the end of the fiscal year on June 30. Franchot said continued weaker-than-anticipated sales tax revenues and an inability to tax online retailers provided the basis for the board’s actions. The state board also continues to…
from https://www.bizjournals.com/baltimore/news/2017/12/13/comptroller-franchot-says-maryland-hasnt-fully.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/168510506257
No comments:
Post a Comment