New financial projections show a decrease of more than $200 million in revenue over the next two years.
“This is bad news upon bad news,” said David Williams with the Taxpayers Protection.
This comes at a time when Maryland is already facing a structural deficit.
“Revenue is still going up the next two years,” said Williams. “Just not as fast as the state thought it was going to go up. But it does leave a hole in the budget.”
When asked whether raising taxes or fees is a good idea, Williams said while it is likely, it may not be beneficial.
Here on the island, City Fail still cant figure out how to get people into town tues wed thurs. Vacancies all summer long. Their fix….jam the weekends.
An empty room produces zero revenue. Fix that so money flows. Keep the prices real high, well room stays empty.
Stop waisting taxpayer $$$$ then !!!!
It is always tax and spend. Why don’t we ever see cut and save ? How many “pork” projects is Maryland supporting ? How do you go from having a surplus a couple of years ago to having a projected deficient a couple of years from now ?