Technology Tax
Maryland Economy by Sonya Dunn
Episode notes
Episode #3: Maryland's Technology Tax – Who Really Pays the Price?
Maryland's new 3% tax on information technology and data services has been promoted as a way to generate revenue and help address the state's growing budget challenges. But what does it actually mean for taxpayers, small businesses, nonprofits, and Maryland's long-term economic competitiveness?
In this episode of Maryland Economy, Sonya Dunn takes a closer look at Maryland's technology tax and explores the real-world implications often missing from the political talking points. From tax pyramiding and the taxation of business inputs to the potential impact on consumers, innovation, and job growth, this discussion examines who ultimately bears the cost of the tax.
Segments
- What is the Technology Tax?
- What is Unique Abou ...
Keywords
MarylandTaxesEconomyGovernmentSmall Businesstaxpayer advocacypublic financeMaryland taxesMaryland Economystate budget