Democrats' hopes buoyed by economy; Party leaders plan to accelerate tax cuts, seek help for poor; `Time to roll up the score'; Election will be decided by trust, ethics, GOP says FINAL Edition
Democrats in Annapolis moved quickly last week to capitalize on the state's increasingly rosy economic picture, uniting behind plans to speed up an income tax cut and offer tax relief for the working poor -- all with an eye toward November. When officials learned Tuesday that state revenue esti...
Saved in:
Published in | The Sun (Baltimore, Md. : 1837) |
---|---|
Main Author | |
Format | Newspaper Article |
Language | English |
Published |
Baltimore, Md
Tribune Publishing Company, LLC
15.03.1998
|
Online Access | Get full text |
Cover
Loading…
Summary: | Democrats in Annapolis moved quickly last week to capitalize on the state's increasingly rosy economic picture, uniting behind plans to speed up an income tax cut and offer tax relief for the working poor -- all with an eye toward November. When officials learned Tuesday that state revenue estimates for this year and next were nearly $143 million higher than forecast just three months ago, Gov. Parris N. Glendening and legislative leaders wasted little time in announcing their intentions for a Democratic tax relief package that would be enacted before the General Assembly adjourns April 13. The Democrats are in agreement that the state should speed up a 10 percent income tax cut -- a plan that benefits mostly the middle class -- and legislative leaders want to offer a new tax credit for the working poor as well. |
---|---|
ISSN: | 1930-8965 |