Let's Get Fiscal

Maryland faces a big hole in next year's budget currently estimated at $1.5 billion. Sen. Rich Madaleno's office provided me estimates of how much money (in millions of dollars) some of the different ways we can raise the dough will net:

Raising the Top Tier Income Tax to 5% (from 4.75%)
FY2008: $162.5, FY2009: $325, FY2010: $341.2

Creating Top Income Tax Bracket of 6% (for incomes over $150,000)
FY2008: $175 , FY2009: $350 , FY2010: $367.5

Expanding Sales and Use Tax
FY2008: $313.1, FY2009: $657.4, FY2010: $690.3

Raising Sales and Use Tax to 6%
FY2008: $717.2, FY2009: $750.2, FY2010: $788.6

Raising Gas Tax by 12 Cents
FY2008: $390.2, FY2009: $394.6, FY2010: $399.2

Expanding Sales and Use Tax to Gasoline
FY2008: $449.5, FY2009: $440.1, FY2010: $439.7

Raising Corporate Income Tax Rate to 8% (from 7%)
FY2008: $62.5, FY2009: $125, FY2010: $125

Combined Income Tax Reporting for Business
FY2008: $12.5, FY2009: $25, FY2010: $25

Raising Property Tax (to 13 cents from 11.2 per $100)
FY2008: $100-124, FY2009: $100-124, FY2010: $100-124

Raising Tobacco Tax by $1
FY2008: $206.4, FY2009: $161, FY2010: $157

Doubling of Alcohol Tax Rates
FY2008: $28, FY2009: $28.6, FY2010: $29.1

Slots (Based on 15,500 machines in 7 locations)
FY2008: $0, FY2009: $16.5, FY2010: $412.6, FY2011: $807.4

Slots (Based on 9,500 machines in 4 locations)
FY2008: $0, FY2009: $1.1, FY2010: $109.7, FY2011: $337.3

So which combo platter would you like to order? Anyone have suggestions for budget items to cut and how much money it would save?