Tag: Roy Meyers

No easy budget fixes; Rascovar’s proposals to change the fiscal year are way off base

In Monday’s column, Barry Rascovar claimed that an “easy budget fix” for Maryland would be to stop projecting revenues in favor of using a previous year’s levels, and shifting the fiscal year from July-June to January-December.

His arguments are greatly flawed. Here are a few of his assertions and the sensible counters to them:

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

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.

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