Parents' Coalition of Montgomery County, Maryland: the county’s top 50 taxpayers reported 50 percent less in capital gains in 2016 than in 2015—$1.2 billion in 2015 compared to $600 million in 2016. That drop contributed to $21 million less in county income tax revenue.

Tuesday, December 12, 2017

the county’s top 50 taxpayers reported 50 percent less in capital gains in 2016 than in 2015—$1.2 billion in 2015 compared to $600 million in 2016. That drop contributed to $21 million less in county income tax revenue.

Montgomery County Bracing for Long-Term Revenue Decline: Projected revenue decline attributed to wealthy individuals paying significantly less in income taxes; future job cuts not ruled out

5 comments:

AnonymousDecember 12, 2017 at 10:04 PM
Too many overpaid bureaucrats and a top heavy government will do it every time.
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AnonymousDecember 15, 2017 at 4:35 PM
Your elected officials have been courting low income jobs. What did they expect was going to happen?
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Principles

Formed in 2002, the Parents' Coalition of Montgomery County, Maryland seeks to achieve the goals of coherent, content-rich curriculum standards; high expectations combined with timely remediation and acceleration; a wider range of educational options for parents and children; greater transparency and accountability; and meaningful community input.

E-mail: parentscoalitionmc AT outlook.com

What The Washington Post said about the Parents' Coalition

The coalition might be the best-known parent advocacy group in the region. Its members represent several constituencies, including parents of special education and gifted education students and fiscal watchdogs. The group's defining victory came this school year when the school system scaled back the fees charged to families for course materials.

Coalition leaders have drawn attention to the misuse of funds collected from students for activities, the broadcast of a commercial radio service on school buses and, with their "Weast Watch" blog, the travel habits of Weast and his lieutenants.

The Washington Post, June 4, 2009

Jerry Weast on the Parents' Coalition

"Along the way, you’ve had a challenging relationship with the Parents’ Coalition, the network of citizen activists who use the political process and other means to hold MCPS accountable.

The thing people accuse me of is listening, but not hearing. I hear, but I do not always agree. I am sorry that the world is faster than it was 10 years ago. I did not do that. [But] if we do not keep up, then our kids will be behind. We have to stop whining and get real."

Bethesda Magazine, March-April 2011