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Republican Larry Hogan says he would push to eliminate Maryland's income tax on military pensions, if he is elected governor.
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Read More »Hogan: Eliminate income tax on military pensions
Tax credits: A better way?
An overhaul of state and federal earned income tax credits may be more effective at helping low-wage workers than an increase in the state’s minimum wage, according to a paper produced by the Maryland Public Policy Institute.
Tagged with: General Assembly income tax maryland tax credits
Read More »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.
Tagged with: anthony brown Department of Legislative Services House Ways and Means Committee income tax Martin O'Malley maryland Taxes veterans day
Read More »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.
Tagged with: budget General Assembly income tax Martin O'Malley maryland tax
Read More »Eye Opener: Plenty of work left before offshore wind turbines are built
A few government and politics headlines for Wednesday.
Tagged with: double jeopardy firearms gas tax gun control house of delegates income tax Martin O'Malley offshore wind senate Taxes
Read More »Attorney general urges court to reconsider decision in tax case
The Maryland Attorney General’s office is threatening a Supreme Court fight if the state’s top court does not reconsider its ruling in a recent income tax case.
Tagged with: Attorney General doug gansler income tax law news lawsuit legal news maryland Supreme Court
Read More »Economist Basu calls for lower corporate income tax
In the midst of America’s fiscal crisis, economist Anirban Basu told members of Maryland’s Chamber of Commerce that it is imperative for the state to lower corporate income tax to create better opportunity to attract capital investment to offset the ...
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Read More »Vote on tax hike was close in House
The vote on a bill that will raise the income tax rate on Maryland’s wealthiest residents was tight in the House of Delegates. Republicans voted against the bill because they did not support taking more money from residents who tend ...
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Read More »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 ...
Tagged with: General Assembly income tax Martin O'Malley Michael E. Busch property tax special session teacher pensions Thomas V. Mike Miller Jr.
Read More »Eye Opener: Special session starts today
The Maryland General Assembly will convene Monday morning for the first of what will likely be two special sessions this year. This one will likely end with an income tax hike on the state’s top 16 percent and a shift ...
Tagged with: Annapolis doomsday budget g-8 summit income tax Martin O'Malley Montgomery County special session washington county
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