Another key business group says it will bite the bullet for a computer services tax repeal.
The Greater Baltimore Committee will support a bill to raise the income tax for people making more than $750,000, but only if lawmakers get rid of the computer tax.
It seems this is a bitter pill for many business groups to swallow.
“In light of a downturn in the national economy and the Board of Revenue Estimates’ recent report stating that Maryland’s economic performance appears likely to be weaker than previously predicted, Maryland cannot afford to burden businesses with a broad new tax or higher earners with the second highest individual income tax in the country,” GBC CEO Don Fry wrote in testimony on the tax bills.
So what’s worse, income tax or computer services?
