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Maryland approves the first state tax on digital ads from Facebook, Google

Maryland has approved the country’s first tax on the revenue brought in from digital advertisements placed by companies like Facebook, Google, and Amazon.Credit: Maryland State HouseOn Friday, the State Senate voted to override the governor’s veto of the measure following a similar vote from the House of Delegates, The New York Times reports. The measure is expected to generate as much as $250 million in its first year. Read more…