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Tag Archives: income tax

Brown wants vets to pay no income tax on military pensions

Lt. Gov. Anthony G. Brown used the occasion of Veterans Day to announce a five-point “Compact with Veterans” that would include the phase-in of a 100 percent exemption from state income taxes on military retirement income.

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Editorial Advisory Board: A tax which steps over the line

Maryland’s Constitution requires that the State maintain a balanced budget. During recent years, the State has been bedeviled by enormous annual deficit projections as, despite the so-called “Great Recession,” Maryland has steadily increased its annual spending.

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Senate approves budget package; House ready for debate

ANNAPOLIS — The House of Delegates gave preliminary approval Tuesday to a budget package that raises taxes and shifts the cost of teacher pensions to local jurisdictions, setting up a final vote Wednesday morning. The largest component of the tax ...

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