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An Economic Relief Update from Governor Larry Hogan
E-mail from the Governor's Office | April 1, 2022 | Governor Larry Hogan

Posted on 04/01/2022 7:08:19 PM PDT by Tolerance Sucks Rocks

Dear Marylanders,

Today I signed into law the largest tax cut package in state history—including the Retirement Tax Elimination Act—which will provide an additional $1.86 billion in long overdue tax relief for Maryland retirees, families, and small businesses.

Combined with the gas tax suspension we enacted just a few weeks ago, we are delivering nearly $2 billion in tax relief during this legislative session alone. This historic, bipartisan agreement brings the total tax, toll, and fee relief that our administration has delivered to nearly $4.7 billion.

When I was first running for governor eight years ago, I pledged that once we were able to solve the budget crisis, and turn our economy around, I wanted to eventually reach the point where we could finally do something about our state’s sky-high retirement taxes. It was the one area where we were still not competing effectively with other states.

When I was elected, we immediately got to work doing exactly what we said we would do. Our state is in a stronger fiscal position today than it has ever been before, and because of that, we are able to keep our commitment to Maryland’s retirees.

Many said this could never be done in Maryland—but together we did it.

With this historic agreement, we are providing real, long-term relief for Marylanders struggling with inflation and higher prices. We are helping to create more jobs and more opportunity in every corner of the state. And we are putting problem-solving ahead of partisanship, and compromise ahead of conflict to deliver real results for you.


Larry Hogan (signature)

TOPICS: Business/Economy; Chit/Chat; Government; Local News; Miscellaneous; Politics; Society; Weird Stuff
KEYWORDS: annapolis; gastax; larryhogan; legislature; maryland; taxcuts; taxrelief; update
The Communist Dumb Dumbs running the legislooture actually passed some tax relief? That IS a shock!
1 posted on 04/01/2022 7:08:19 PM PDT by Tolerance Sucks Rocks
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To: Viking2002


2 posted on 04/01/2022 7:08:31 PM PDT by Tolerance Sucks Rocks (Florida: America's new free zone.)
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To: Tolerance Sucks Rocks

I think a lot of Marylanders already fled Lockdown Larry’s high tax utopia.

3 posted on 04/01/2022 7:13:35 PM PDT by Paladin2
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To: Paladin2

Well, I still live here; and I wonder what it means for me.

4 posted on 04/01/2022 7:14:13 PM PDT by Jamestown1630 ("A Republic, if you can keep it.")
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