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
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5 comments:

  1. AnonymousDecember 12, 2017 at 10:04 PM

    Too many overpaid bureaucrats and a top heavy government will do it every time.

    ReplyDelete
  2. AnonymousDecember 15, 2017 at 4:35 PM

    Your elected officials have been courting low income jobs. What did they expect was going to happen?

    ReplyDelete
    Replies
    1. AnonymousDecember 15, 2017 at 5:10 PM

      Are you an out-of-towner?

      Delete
    2. AnonymousDecember 15, 2017 at 6:10 PM

      Nope. been here for decades.

      Delete
    3. AnonymousDecember 15, 2017 at 7:44 PM

      Court low income jobs, raise minimum wage, create a shortfall, raise taxes.

      Delete

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