Skip to main content

Cecil County Life

Supreme Court Tax Ruling Affects Some of Cecil County

May 22, 2015 08:53AM ● By Kevin
The Supreme Court recently ruled it is unconstitutional for the state of Maryland to "double-tax" income that residents earn in other states, according to a recent story by the Associated Press. The state allowed residents to deduct income taxes paid to other states from their Maryland tax but did not apply the deduction to a local "piggyback" tax collected for counties and some city governments.

The ruling will case more than $200 million to be refunded to taxpayers over the course of an 8-year span. 

"The state will cover the expense with a reserve fund set aside to pay tax refunds, though local governments will pay the money back on an installment plan stretching more than two years," the story says.

Montgomery County will suffer a bulk of the damages, but Cecil County will also be affected, beings that it is so close to the Delaware border.

For the full story, 
click here.

Like what you're reading? Subscribe to Cecil County's free newsletter to catch every headline