By STEPHEN NEUKAM ANNAPOLIS — Maryland Comptroller Peter Franchot is urging legislative leaders to...Read More
This week, the Maryland House of Delegates will take up a package of tax cuts proposed by the Democratic majority. Yes, you read that correctly. Some Maryland Democrats are advocating for tax cuts this year.Read More
Several of Maryland’s most progressive lawmakers introduced a series of revenue bills on Friday that they say would provide the state an estimated $1.4 billion annually and make its tax system more equitable.Read More
Trump’s relief falls short of that desired by the Senate; where both Democrats and Republicans want borrowers’ loan payments to be suspended.Read More
Retirees who make $50,000 a year or less “will pay no state income tax whatsoever” under the Retirement Tax Reduction Act of 2020, Hogan said. Retirees who make less than $100,000 a year would see their state taxes decrease from 50 to 100 percent, he said.Read More
What to do about Baltimore’s high taxes? It is an old question perplexing Maryland political leaders, but with new urgency. And there have been precious few new answers. Some ideas were floated at a recent policy debate.Read More
Republican Gov. Larry Hogan and Democratic Comptroller Peter Franchot were at the podium in the State House Monday taking credit for a $200 million income tax refund that 55,000 Marylanders could apply for.
But it was actually judges on the U.S. Supreme Court and Maryland’s Court of Appeals that should have been standing there, or even better Brian and Karen Wynne of Howard County who deserved the credit.Read More
Recently released data from the IRS shows that about 5,500 more taxpayers left Maryland in 2012 than moved to the state.
Long-cited by tax critics as annual data that show the migration of taxpayers to lower-taxed states, some experts caution that not too much should be read into year-to-year changes.Read More
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