State Roundup, November 27, 2017

ADDRESSING TAXES: As Republicans in Congress weigh a dramatic reduction in taxing inheritances left by wealthy Americans, progressive lawmakers in Maryland want to make sure the state does not follow suit. Del. Jimmy Tarlau (D-Prince George’s) said he will sponsor a bill in 2018 to exempt only the first $4 million of an estate from state taxes, even as federal lawmakers want to raise the threshold from $5.49 million to $11 million. Josh Hicks of the Post reports the story.

CONGRESSMEN TO SPEAK AT TAX FORUM: Three Democratic members of Maryland’s congressional delegation will appear at a town hall meeting in Baltimore Monday to discuss the Republican effort in Washington to overhaul the nation’s tax code, reports John Fritze for the Sun. Reps. Elijah E. Cummings, Dutch Ruppersberger and John Sarbanes, all of whom represent a portion of Baltimore, will speak at the forum, organized by BMore Indivisible.

 

 

READ MORE HERE: http://marylandreporter.com/2017/11/27/state-roundup-november-27-2017/