Wednesday, August 15, 2012
Comptroller says the November referendum will not be about legalization of slots but "will be about the type of government Marylanders want, and the kind of state we wish to leave to our kids."
Comptroller Peter Franchot said expanded gaming legislation scheduled to be signed into law Wednesday won't generate the revenue state officials promise. "There never was a fiscal or an economic rationale for reconvening the Maryland General Assembly for its third special session in less than a year," said Franchot in a statement released Wednesday. "Any revenues that will be generated by a new casino in Prince George’s County will take several years to materialize and, if the past is any indication, have been drastically overestimated by gambling supporters and legislative analysts." Gov. Martin O'Malley is expected to sign the bill into law after 10 a.m. Wednesday, just hours after the Senate passed a final version amended by the House …
Tuesday, August 7, 2012
The comptroller harnesses a little humor to encourage Maryland residents to shop during the state's Tax-Free Week, Aug. 12 through 18.
What could happen if one doesn't shop during Maryland's Tax-Free Week, Aug. 12 through 18? Well, according to one humorous, albeit far-fetched, scenario, one could end up in jail, losing one's date to one's roommate and resorting to cigarette smuggling in the process. To encourage Maryland residents to participate in the state's Tax-Free Week, Maryland Comptroller Peter Franchot and his office created a humorous video in which an odd chain of events leads from a man not participating in Tax-Free Week to landing up in jail. It's obviously not a very likely storyline, but it could generate a few laughs. Usually, when Franchot and his office make a video—like this one on generating consumer confidence—there isn't leeway to stray from a …
Friday, May 25, 2012
Inspections help ensure consumers are buying the type of gas advertised, officials said.
When you head to the gas station to fuel up this holiday weekend, will you be purchasing the type of gas that’s advertised? Maryland Comptroller Peter Franchot hopes so. Thursday, ahead of Memorial Day, Franchot joined state field enforcers during a routine inspection of a Bethesda Exxon station near the Westfield Montgomery Mall. State inspectors regularly perform tests at Maryland stations to determine whether the gasoline grade that’s advertised matches the fuel’s octane level, Franchot said. “We want to make sure when someone comes into a gas station in Maryland and pays money for high octane gas, that it is in fact high octane gas,” Franchot told reporters. Of the 2,300 gas stations in Maryland, more than 2,000 have been inspected …
Friday, January 27, 2012
State and local agencies offered some free tax advice this morning in Gaithersburg.
It's official, tax season is upon us. Maryland Comptroller Peter Franchot visited Family Services, Inc. in Gaithersburg this morning to encourage taxpayers to use all the resources available to them when they file their taxes, including the Earned Income Tax Credit, or EITC. "The EITC is an effective anti-poverty tool," Franchot said. "It helps people move up the economic ladder." Franchot was joined by Gaithersburg Mayor Sidney Katz, Family Services, Inc. Executive Director Thomas Harr and Melvin Hardy, the IRS Territory Manager for Maryland. Together they encouraged Maryland residents to use the Montgomery County Community Action Agency's Volunteer Income Tax Assistance (VITA) program to help get the maximum return on their taxes through…
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