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Business Tax Hearings Today

March 10th, 2025 by WCBC Radio

Hearings are scheduled in the House and Senate in Annapolis today for the Small Business Services Tax.  The tax would add 2.5% to essential services businesses use every day including payroll processing, IT support, and consulting.  The democrat-sponsored bill appeared in a similar form last year, but was shot down according to Senator Mike McKay…

   

“They had talked about it last year, yes. It didn’t go anywhere. It got, really, a tremendous amount of pushback.  Because they’re just throwing anything and everything up on the wall, it’s back again. I don’t think it’s going to have a shot, but the revenues keep on looking worse and worse, so I don’t know.”