ANNAPOLIS (March 30, 2022) – The Maryland House of Delegates late today passed a mandated paid leave insurance program that will be funded by a payroll tax on businesses and employees. The National Federation of Independent Business (NFIB) in Maryland, which represents thousands of small businesses in the state, reacted to the vote. The following comments are from NFIB’s Maryland State Director, Mike O’Halloran:
“It’s incredibly disappointing to see the House of Delegates pass a payroll tax at a time of record inflation and rising prices on everything from a loaf of bread to a gallon of gas. The Legislature is telling small businesses and their employees to stretch their paychecks even further at a time when they can least afford it. Hopefully the Governor will see this for what it really is – a $1.6 billion tax on the backs of hardworking Marylanders.”
For more than 75 years, NFIB has been the voice of small business, advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is nonprofit, nonpartisan, and member driven. Since our founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit www.NFIB.com.