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Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
May 13, 2013 06:30 PM
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"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
May 13, 2013 06:00 PM
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Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
May 13, 2013 05:30 PM
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Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
May 13, 2013 03:46 PM
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Under #Obamacare, mothers have had a tougher time purchasing non-prescription, over-the-counter medicine: http://t.co/dJuaGAT9LE
May 13, 2013 02:01 PM
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9 out of 20 #Obamacare tax hikes have not even been implemented yet: http://t.co/opFkyf1guJ
May 13, 2013 01:30 PM
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.@GroverNorquist on MFA: "[The Senate] didn't ask all of the questions that needed to be asked": http://t.co/wXfkIR2Ca9 #NoNetTax
May 13, 2013 01:01 PM
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"When architects of #Obamacare are worried about it creating a trainwreck, you know something's gone terribly wrong": http://t.co/J6dfnKqFYZ
May 13, 2013 12:30 PM
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Conservative and Free Market Groups Applaud Move to Delay a Vote on Gina McCarthy: http://t.co/lNQYmJAB12 #EPA
May 13, 2013 12:02 PM
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The #Obamacare train wreck will derail the American economy: http://t.co/opFkyf1guJ
May 13, 2013 11:30 AM
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How Maryland Legislators Fooled You When Discussing Alcohol Tax
Busy bars and restaurants will cope with the July 1 tax increase by tacking on an additional 25-cents to their drink prices.
Earlier this year, Maryland’s state legislature didn’t debate the need for an alcohol tax increase in so much as they debated between two tax hike proposals.
One proposal was a ten-cent tax increase on the retail product—the bottles on the shelves. Bars and restaurants would pay this tax when they purchased the alcohol to serve. The other proposal was a 3-percent tax increase on all alcohol final sales—this would be paid at the liquor store or by the patrons at a bar.
The Maryland legislature chose the second option. They pushed it as a compromise, saying they were not raising taxes as high as they could have. This turns out to have been predictably false.
Busy bars and restaurants are opting to cope with the tax increase by tacking on an additional 25-cents to their drink prices. This way, over-worked bartenders and waitresses will not have to count out odd amounts of change with nickels, dimes, and pennies.
Andrew Burke, the owner of a successful bar in Baltimore, said, “The guy at the bar isn't going to count out 86-cents while three more people are waiting for a drink.”
So with the 3-percent tax increase in effect Friday July 1st, patrons will be more likely to pay an extra 25-cents, so that the bar doesn’t wind up charging 3-cents per dollar.
Even a “compromise” tax hike will end up costing taxpayers more than originally advertised.
The worst part is Marylanders cannot even drink away their tax woes this time.
