Maryland Governor Says Tax Bill's Impact Under Analysis - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Maryland Governor Says Tax Bill's Impact Under Analysis

Posted: Dec 19, 2017 2:57 PM Updated:
(Photo: CBS) (Photo: CBS)

ANNAPOLIS, Md. (AP)- Maryland Gov. Larry Hogan says his administration will look for ways at the state level to mitigate negative outcomes a major federal tax overhaul could have on residents.

The Republican governor said Tuesday at a news conference in Hanover it appears many will see their federal taxes go down, while others may see taxes go up.

The comptroller's office is studying the legislation.

The bill embraced by President Donald Trump and Republican lawmakers would impose a $10,000 limit on the sum of property and state and local income taxes a household could deduct. Conservatives say unlimited state and local deductions amount to a subsidy for the wealthy in high-tax states. But middle class families in those states face disproportionately high housing costs and depend on deducting state and local taxes.

  • Delmarvawide NewsDelmarvawide NewsMore>>

  • Sidewalk Restoration Concerns Locals in Chincoteague

    Sidewalk Project Concerns Locals in Chincoteague

    Jul 17, 2018 7:29 PM2018-07-17 23:29:00 GMT
    Tuesday, July 17 2018 11:37 PM EDT2018-07-18 03:37:56 GMT
    Main Street in Chincoteague. (Photo: WBOC)Main Street in Chincoteague. (Photo: WBOC)
    Main Street in Chincoteague. (Photo: WBOC)Main Street in Chincoteague. (Photo: WBOC)
    With Pony Swim only days away, the town's busiest time of the summer, many locals say a new construction project is inconvenient.More
    With Pony Swim only days away, the town's busiest time of the summer, many locals say a new construction project is inconvenient. More
  • Delaware DOC Releases Final Report on Vaughn Prison Reforms

    Delaware DOC Releases Final Report on Vaughn Prison Reforms

    Jul 17, 2018 9:51 AM2018-07-17 13:51:00 GMT
    Tuesday, July 17 2018 10:53 PM EDT2018-07-18 02:53:39 GMT
    The James T. Vaughn Correctional Center in Smyrna, Del. is shown Feb. 1, 2017, the date when a deadly inmate riot started. (Photo: AP)The James T. Vaughn Correctional Center in Smyrna, Del. is shown Feb. 1, 2017, the date when a deadly inmate riot started. (Photo: AP)
    The James T. Vaughn Correctional Center in Smyrna, Del. is shown Feb. 1, 2017, the date when a deadly inmate riot started. (Photo: AP)The James T. Vaughn Correctional Center in Smyrna, Del. is shown Feb. 1, 2017, the date when a deadly inmate riot started. (Photo: AP)
    A special assistant tasked with implementing safety reforms at the James T. Vaughn Correctional Center following 2017’s deadly inmate uprising released her final report on Tuesday.More
    A special assistant tasked with implementing safety reforms at the James T. Vaughn Correctional Center following 2017’s deadly inmate uprising released her final report on Tuesday. More
  • 2 Arrested in Seaford with Over 2 Pounds of Heroin

    Father & Son from New York Arrested with Over 2 Pounds of Heroin

    Jul 17, 2018 10:16 PM2018-07-18 02:16:00 GMT
    Tuesday, July 17 2018 10:26 PM EDT2018-07-18 02:26:56 GMT
    Seaford Police discover over two pounds of heroin after a traffic stop on Sussex Hwy.More
    Seaford Police discover over two pounds of heroin after a traffic stop on Sussex Hwy.More
Powered by Frankly

All content © Copyright 2000 - 2018 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices