Top on Three More Tax Hikes

Maryland Gov. Martin O'Malley is rolling out his budget in baby steps. Even in a state like Maryland it can be tough to announce on one day that you want to raise every single tax possible. Who would've known.....The latest has him raising the gas-tax .8 cents per year (I'm assuming indefinitely), the automobile titling tax a full percentage point to 6%, and increase in the corporate income tax a full percentage point to 8%, and some nasty accounting regulations that would make doing business in Maryland even more painful.

This I love:

The governor said the state is facing a $40 billion backlog in transportation projects and that without new money, Maryland's economy would be at risk.

"Marylanders in the Washington area waste a full week of work every year sitting in bumper-to-bumper traffic," O'Malley said. "It's a different kind of tax. It's a tax by circumstance. A tax based on our failure to invest."

Different kind of tax...See, I might be old-fashion but I think the worst types of taxes are the ones where the government steals money from me. And O'Malley sure does seem to be a fan of these regressive tax increases -- sales and gas...How do poor people in Maryland feel about this? Full article here.