A Supreme Court ruling in a Maryland tax case will cost the state an estimated $200 million in refunds it will have to pay residents stretching back seven or eight years, state officials estimated Monday. The 5-4 decision also means Maryland counties will lose about $42 million annually in tax revenue going forward, after the high court ruled that it is unconstitutional not to allow a tax credit for money residents make in other states.
Supreme Court decision to cost Maryland millions
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