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Metropolitan DC Local Politics
Reply to "Decline of MoCo?"
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[quote=Anonymous][quote=Anonymous]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.[/quote] 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?[/quote]
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