Tag: Jolene Ivey

State elections board revises fundraising guidelines in governor’s race

New fundraising guidelines affecting Maryland’s gubernatorial primary election appear to make it almost impossible for Howard County Executive Ken Ulman, the running mate of Lt. Gov. Anthony Brown, to raise money during the legislative session.

The new guidelines appear to show that Elections Administrator Linda Lamone is taking a step back from a highly controversial ruling she made in December, which triggered a lawsuit and was made without the knowledge or consent of her board.

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Progressive, nonprofits push for permanent “millionaires’ tax”

Several tax watchdogs and policy analysts concerned about the state of Maryland’s economy and buoyed by a new report urged delegates to revisit a just-expired method of raising more money — extending the tax surcharge on millionaires.

Enacted in 2008, the “millionaires’ tax” taxes all net income above $1 million at a rate of 6.25%. The base tax rate for everything less than $1 million is 5.5%. The surcharge passed in 2008 to replace the sales tax on computer services was to last only three years, expiring at the end of 2010.

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