Browsing the "Taxes" Category

Still searching for solution to shortfall in transportation funding

September 28th, 2014 | by Alexis Webb

Former U.S. transportation secretary Ray LaHood urged leaders to consider following Virginia’s lead and rethink transportation funding at a panel discussion in Baltimore last week. LaHood proposes a higher federal gas tax to fund nationwide projects, but also suggested that the solution for a broken transportation system could be something like what Virginia did when it moved from a gas tax to a wholesale sales gas tax.

Commentary: Delaney’s infrastructure bill doesn’t hold up to scrutiny

July 24th, 2014 | by Len Lazarick

UMBC Professor Roy Meyers takes issue with Rep. John Delaney's proposed “Partnership to Build America Act”--a bill that would allow U.S. corporations to avoid taxes when they repatriate profits that are now booked overseas, if they purchase bonds that would be used to build infrastructure. He’s received plenty of favorable media mentions on this bill, but as a budget and policy expert, Meyers believes those reviews are far too generous. The rhetoric supporting the bill is attractive, but it distracts attention from the bill’s complexities

Marylanders get so-so return on tax investment, study says

April 28th, 2014 | by Len Lazarick

Marylanders spend within their means and get a decent return on investment when comparing taxes and quality of government services, a personal finance website has found. ranked Maryland first in the country for residents with the most sustainable spending habits, and ranked the state at an unremarkable 33rd when it comes to return on investment for state taxpayers

Extra tax break for ‘House of Cards’ folds in final hour

April 8th, 2014 | by Jeremy Bauer-Wolf

Six lawmakers, three from each chamber of the Maryland General Assembly, standing in a ring in the House of Delegates lounge at a half hour before midnight, vehemently haggling over a single bill. They had only 30 minutes before the close of the 2014 session, and they needed to find middle ground on legislation that would grant the popular Netflix drama an additional $3.5 million in tax dollars

Spacey and friends at Annapolis reception to boost film tax break

March 23rd, 2014 | by Len Lazarick

What could guarantee better media coverage than a reception with a major celebrity closed to reporters, who gathered outside the Red Red Wine Bar in Annapolis as actor Kevin Spacey was ushered in the back door? Maryland legislators and friends couldn't resist posting pictures of themselves with "House of Cards" star Spacey on Facebook

Cut in estate tax sent to governor, who will likely sign it

March 20th, 2014 | by Jeremy Bauer-Wolf

In an effort to ensure Maryland’s millionaires don’t flee the state for cheaper pastures, the General Assembly approved Thursday a cut to the state’s estate tax. After spirited debate and a 36-10 vote from the Senate, the bill was sent to Gov. Martin O’Malley, who is likely to sign the bill

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