In a commentary piece for Maryland Matters, David Tohn, CEO of BTS Software Solutions, a service-disabled, veteran-owned small business headquartered in Columbia, explains how Maryland’s 3 percent tax on data and IT services will negatively impact the state’s “lighthouse industry.” “In a federal market where a 10 percent margin is considered strong, an additional 3 percent tax makes Maryland subcontractors less competitive, reducing their ability to reinvest, grow and hire. This tax will not only stifle job creation but also drive firms to more business-friendly states,” said David. |
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