Decline of MoCo?

[Anonymous]

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Anonymous wrote:Anyone hear about the Supreme Court ruling that MD's tax structure (essentially levying a tariff on certain taxpayers) is illegal and MD has to pay tons of money back (with interest) to affected tax payers?

Apparently, MoCo is the hardest hit, and will have to pay back about $115m over the next two years, and will lose $24m annually from the illegal taxation.

I know MoCo has a HUGE budget, but apparently it only has a reserve of about $200m. Anyone else concerned this is going to negatively impact schools and community services for years to come in MoCo? On the Kojo show yesterday, George Leventhal mentioned that schools will be affected.

What with the March WaPo story on possible property tax hikes for MoCo, this makes me doubly nervous.

Why would MoCo be the hardest hit? (I'm not saying it's not, but do you have a link explaining why MoCo would be harder hit than other counties in Maryland?

Did you listen to the Kojo show link? They said it's because MoCo disproportionately has taxpayers that fall into this category. Of the $44m per year that was generated statewide from this type of taxation, MoCo received $24m of it.

Not true, it's because MoCo has the largest population. What's really only going to kill MoCo is the reduction in funds from the state. They also have 5 years to pay.

No, it has the largest population, but this tax is specifically on people who work out of state. So MoCo has more of those than most counties.

I just heard it on Kojo. Levanthal stated that all counties are affected, but MoCo is the largest so they have more people affected by it. The case was actually brought by someone who lives in Howard County.

[Anonymous]

WHOA WHAT!? 20% raises for employees over two years!?

If I were a MoCo taxpayer I'd be absolutely furious.

[Anonymous]

MoCo started declining 15 years+ ago. I said bye-bye. Then what's left to save MD - Howard County? LMAO.

[Anonymous]

Anonymous wrote:WHOA WHAT!? 20% raises for employees over two years!?

If I were a MoCo taxpayer I'd be absolutely furious.

Over three years.