Delegate Ready Fights in Special Session to Encourage Real,
Lasting Job Growth
Annapolis – Delegate Justin Ready (R-5A) has introduced two
bills in the House of Delegates to address Maryland’s stagnant economy and
nation-worst rate of job loss. The bills were introduced by Senator E.J. Pipkin
in the State Senate and are part of a “Jobs Package” to encourage private
sector business growth in Maryland. “While I do not believe we should be having
this special session to address gambling, there is no question that jobs are
leaving Maryland. If anything, that’s the “emergency” we should be focused on
here,” Delegate Ready said. Both bills are aimed at reducing the 8.25% business
tax rate and using additional tax credits to incentivize out of state and
international investment into Maryland’s smaller, rural counties. Delegate
Ready has brought these bills to the House in an attempt to put light on
serious economic issues facing the state.
“Since my first Session in 2011, I have tried to promote and
support policies to encourage job growth in Maryland, particularly in the
private sector. Governor O’Malley has talked before about Jobs, Jobs, Jobs, but
other than occasional bursts of government spending on temporary projects like
road construction, his administration has failed to take action,” continued
Ready. “This Special Session could be used as a rare opportunity to re-visit
and correct our state’s punitive tax and regulatory policies that are
suffocating small business.”
In July, the Washington Times reported that
Maryland was the worst among the nation for job loss in the first six months of
2012. TheMaryland Gazette has also reported that venture capital in
Maryland has plummeted to its lowest levels in sixteen years.
“Right now we are looking at the exact “doomsday” scenario
that my Republican colleagues and I have warned about – job loss, and
businesses leaving Maryland. Now is the time to choose progress and correct
course,” Ready concluded.
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