Maryland Official: Proposed Gas Tax Hike Will Hurt Families And Business

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Credit: Miguel Villagran/Getty Images

Credit: Miguel Villagran/Getty Images

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ANNAPOLIS, Md. (CBSDC/AP) — Maryland Comptroller Peter Franchot says a gasoline sales tax proposed by Gov. Martin O’Malley would be detrimental to families and businesses.

Franchot said during a presentation Tuesday that while his agency will collect any taxes levied by the governor and General Assembly, implementing a sales tax on gasoline would come as a “crushing blow” to families and small businesses.

Last week, O’Malley announced he will propose a 6 percent sales tax on gasoline, although details of his plan have yet to be released.

Would you be in favor of a gas tax increase or should the state find another way to raise funds? Post your comment below.

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