WAMU 88.5 : News

O'Malley's Budget Means Smaller Refunds For Some

Play associated audio
Some Maryland residents may be getting smaller tax returns thanks to Gov. Martin O'Malley's budget proposal.
Some Maryland residents may be getting smaller tax returns thanks to Gov. Martin O'Malley's budget proposal.

About 20 percent of taxpayers will see smaller state income tax refunds, under a budget proposal released by Gov. Martin O'Malley. The plan, revealed earlier today, is designed to close the state's $1 billion budget gap.

Some of the tough choices include requiring counties to pay half the cost of teacher pension funding and asking certain families to pay more in taxes. O'Malley says if his plan is approved, 2 out of 10 residents will get smaller refunds.

"We're phasing out exemptions for higher earners, reduced from $2,400 to $1,200 per person for families earning from $150,000 to $175,000 and exemptions are eliminated for families above $175,000," says O'Malley.

O'Malley also outlined a $15.3 billion general fund that includes about $311 million in new revenue, but spent much of the hour-long presentation defending hard choices.

"I don't like asking for this, I don't like doing this, but there are difficult things we need to ask of one another in difficult times and this is one of them," says the governor.

The proposal heads to the General Assembly which must approve the budget before the session ends April 9.


Pack These Pages: Three Must-Reads For Summer

Harriet Logan, owner of Loganberry Books in Shaker Heights, Ohio, recommends a graphic novel about trash, a George Eliot classic and a children's book about a bear pianist.

Why Does Every New Restaurant Look Like A Factory?

The stripped-down look of exposed brick, poured cement floors, and Edison light bulbs is popular in restaurants across America. One reporter dares to ask, "Seriously, why?"
WAMU 88.5

Why Local Nonprofits Haven't Fixed Poverty

As long as there has been poverty, there have been people trying to end it. We explore the obstacles and inefficiencies local nonprofits run into when trying to solve society's stubborn problem.

WAMU 88.5

Can We Trust Our Cars?

There were more airbag recalls this week, and VW has agreed to pay nearly fifteen billion in its emissions cheating scandal. Meanwhile, cars with driverless technology are becoming available, but whether they will make us safer is up for debate. A look at auto safety and consumer trust.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.