Earned Income Tax Credit Leaves Single Taxpayers Behind
Over the next couple of months, as Marylanders file their income taxes and many anxiously wait for state refunds, legislators will be considering whether to expand the state’s Earned Income Tax Credit...
View ArticleHomeowners’ Property Tax Credit Needs Cost of Living Adjustment
Position Statement Supporting House Bill 688 Given before the House Ways and Means Committee Maryland’s Homeowners’ Property Tax credit provides much needed relief for low-income homeowners. Under...
View ArticleIt’s Time for Wealthy Investment Managers to Pay their Fair Share
Position Statement Supporting Senate Bill 605 Given before the Senate Budget and Taxation Committee Like thousands of other Maryland workers, from authors to restaurant servers, private equity and...
View ArticleTaxing Inherited Wealth is a Reasonable Way to Support Public Services
Position Statement Opposing House Bill 1331 Given before the House Ways and Means Committee Taxing income – whether it comes from working, an inheritance, or winning the lottery – has long been a key...
View ArticleJob Creation Tax Credit Needs Updates
Position Statement Supporting House Bill 1052 Given before the House Ways and Means Committee Since the mid 1990s, the number of Maryland state business tax credits has increased significantly. Given...
View ArticleIt’s Time for Wealthy Investment Managers to Pay their Fair Share
Position Statement Supporting House Bill 915 Given before the House Ways and Means Committee Like thousands of other Maryland workers, from authors to restaurant servers, private equity and hedge fund...
View ArticleIneffective Business Tax Credits Should Not be Expanded
Position Statement Opposing House Bill 872 Given before the House Ways and Means Committee Past evaluations by the Tax Credit Evaluation Committee and legislative staff have raised serious concerns...
View ArticleChipping Away at Transportation Revenue Would Harm Maryland’s Economy
Position Statement Opposing House Bill 911 Given before the House Ways and Means Committee The gas tax is a common-sense way to ensure that the people who drive on Maryland roads pay their fair share...
View ArticleTax Day: Our Shared Investments in Maryland
What kind of state do you want Maryland to be? For most of us, the answer is straightforward. We want to live in safe neighborhoods with reliable roads and amenities like well-maintained parks. We want...
View ArticleAfter Multiple Rounds of Revisions, Business Tax Breaks Still Fall Short
A package of manufacturing tax breaks favored by Gov. Hogan was one of the highest-profile bills passed by the General Assembly on its final day in session this year. Ultimately, the new law is likely...
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