Thursday, January 31, 2013
Montgomery County's controversial bag tax brought in more than double the anticipated revenue, The Washington Examiner reported.
Montgomery County's controversial 5-cent tax on shopping bags has brought in more than $2 million in its first year, The Washington Examiner reported. The $2.1 million total through November could be pushed to $2.2 million once December numbers come in, County spokesperson Patrick Lacefield told The Washington Examiner. Projected revenues for the bag tax were based on Washington, DC's, first year (2011) with the tax, according to the report. DC's system has brought in less money than expected as people brought their own bags to stores. The Montgomery County bag tax took effect on Jan. 1, 2012, and was intended to reduce the number of plastic bags in county waterways. The county expected to earn up to $1.5 million from this tax in the first…
Monday, November 12, 2012
Cake shops, wedding venues expect to see part of $90 million boost from referendum's passage.
- Ben Gross
Monday, November 12, 2012
With the passage of Question 6 approving same-sex marriage, some financial analysts say believe that Maryland’s economy could see as much as a $90 million boost, according to a recent article in The Gazette. Mark Yost, president of the Maryland Gay & Lesbian Chamber of Commerce, quoted research from UCLA's Williams Institute that there could be $3.6 million in sales and lodging tax revenue, and $21 million per year from wedding-related businesses. Baltimore Business Journal spoke with Mary Alice Yetskey, the marketing director of Duff Goldman’s Charm City Cakes, who believes that her business will see a “much busier January” than normal. The story also quotes Mark Scurti, an attorney specializing in LGBT issues at Towson’s Pessin Katz …
Tuesday, September 11, 2012
The drug development company tells the city it's readying for an explosive expansion.
This story was corrected at 3:40 p.m. on Tuesday. An explanation follows at the bottom. Gaithersburg's largest private employer will add some 110 new jobs to its local and Frederick offices and seeks to take its revenues to unprecedented heights by 2020, a MedImmune official told the Gaithersburg mayor and City Council Monday. MedImmune's Gaithersburg headquarters currently house 2,300 employees, approximately 66 percent of the company's international jobs, MedImmune Executive Vice President of Operations Andy Skibo said, including the addition of 830 jobs over the past five years. "Virtually all of MedImmune is practically here in Gaithersburg or just up the road in Frederick," Skibo said, but the biotech company continues to expand. …