Mar 31, 2014
Both houses of the Maryland legislature recently approved an administration plan to reduce state contributions for state workers’ and teachers’ pensions by 500 million dollars over the next five years. They also approved a cut in inheritance taxes for millionaires in Maryland that will allow these rich folks to avoid paying 431 million dollars in state taxes over the next five years.
Looks like they’re taking the workers’ pension money and giving it to the millionaires, doesn’t it?