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Will They Or Won't They? Md. Lawmakers Consider Tax Increases

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In Maryland, tax increases is expected to be one of the most hotly debated topics during January's legislative session in Annapolis.

The state budget faces a massive deficit that continues to grow. And early indications are that lawmakers will try to balance strictly through spending cuts.

A recent report that recommended no changes to business taxes in Maryland, was a big sigh of relief to many in the business community. But the president of the Montgomery County Chamber of Commerce, Gigi Godwin, does say there is one tax they want to see raised: the state gas tax. She says money raised by that would go the trust fund the state has to pay for transportation projects.

"So we can compete for federal funding for transportation projects. We have 49 predators out there. The other 49 states have similar problems, but they have to figure out how they can qualify to get those matching funds. So we have to find a way to get revenue," she says.

Godwin says the tax is the most equitable one that can be raised, since both businesses and residents would have to pay it.

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