Our bottom-line thoughts on some items of note in the Crossroads Business Journal region:
• How many consumers understand the regulatory headaches some area companies face as they do business in three different states and multiple jurisdictions?
• Congratulations to Ryan Flurie, Derek McGee and K. Richard Holzapfel for being named to Forbes’ roster of America’s Top Millennial Advisors.
• Good luck to the folks planning and participating in Mountain Maryland Restaurant Week in Allegany County Sept. 8-17.
• With Congress scheduled to go back into session this month, we’re seeing some signs of how complex another priority, tax reform, could become. The National Association of Realtors, citing a study it commissioned by PricewaterhouseCoopers, reports that home-owning families with incomes between $50,000 and $200,000 would face average tax hikes of $815 if proposed personal income tax changes become law, while nonhomeowners would see average annual tax cuts of $516. “Homeowners already pay 83 percent of all federal income taxes, and this share would go even higher under similar reform proposals,” the association states in a talking points memo to members. “Homeowners should not have to pay a higher share of taxes because of tax reform.”
• Congratulations to the critical care staff at Meritus Medical Center, one of four Maryland hospitals recently given a silver-level Beacon Award for Excellence from the American Association of Critical-Care Nurses.