The CATO Institute has just released its Fiscal Policy Report Card on America’s Governors. Not surprisingly, our very own Gov. Martin O’Malley was given the lowest score!

The lowest-scoring governor, Martin O’Malley of Maryland, spearheaded the passage of a $1.4 billion tax increase in 2007, which was unique in its large size and scope. It increased the corporate tax rate, the top personal income tax rate, the sales tax rate, and the cigarette tax rate. It also expanded the sales tax base and raised taxes on vehicles. This enormous increase will hit Marylanders directly in the pocketbook, and indirectly through slower economic growth over time.

This entry was posted on Tuesday, October 21st, 2008 at 11:36 am and is filed under Maryland Politics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.