While the Governor announced his plan to balance the budget by lowering contributions to the state employee and teachers pension plan while not raising any taxes at all, other Annapolis leaders have floated ideas about lowering tax rates on the highest earners. Among these is Senate President Mike Miller and House Speaker Michael Busch's plan to lower the estate tax, a move that that, according to the Legislature's budget analyst Warren Dechaneaux, as reported by WYPR, would severely cut into state revenues by $80-90 million per year.
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2/11/14 Todd Reynolds, Political Action Coordinator