Sustain Governor Hogan’s VETO on the NETFLIX TAX BILL
WHAT IS HOUSE BILL 732? –
At the very end of the 2020 Maryland legislative session, the General Assembly rushed House Bill 732 – Digital Advertising Gross Revenues Tax, a very shortsighted and deeply flawed bill, to the floor and passed it along party lines. Due to the COVID-19 pandemic, the normal legislative process was curtailed, and public input was limited. The outcome is a bill that will raise taxes on every single person and business that advertises services online, from the smallest mom and pop to the largest corporation to your next-door neighbor. If Governor Hogan’s veto is overridden, Maryland would have the notorious distinction of being the only state in the country to enact a digital advertising tax.
WHY IS THIS IMPORTANT?
Today, businesses of all sizes are marketing online. Access to platforms that provide advertising is direct, easy to manage, and more people than ever are on those platforms. This is why House Bill 732 is so damaging to both Maryland’s and countless local economies. It’s not just Fortune 500 companies that advertise online, it’s your local barber, your local auto mechanic, your local watering hole. House Bill 732 would raise taxes and the cost of doing business for all these hardworking Marylanders and the ripple effect is obvious: higher taxes, higher prices, fewer jobs.
WHAT DO WE WANT?
We want the Maryland General Assembly to allow Governor Hogan’s veto of House Bill 732 to stand when the 2021 legislative session begins in January.
HOW CAN YOU HELP STOP THIS TAX?
Want to join our coalition of Marylanders and Maryland businesses working to stop this tax, follow these steps:
- 1.) Sign the Marylanders for Tax Fairness petition
- 2.) Add your company name/logo to Marylanders for Tax Fairness’s coalition page by emailing jointheteam@MarylandTaxFairness.org
- 3.) Share your support / encourage others to do the same on social media #MDTaxFairness #badtimebadidea