taxes Archives - Page 10 of 13 - Baltimore Post-Examiner

New poll: Too little spending on schools, not enough taxes from high earners

November 1, 2012November 6, 2012 Maryland Reporter

Almost two-thirds of Maryland residents (65%) feel Maryland spends “too little” on public schools despite a rising trend in state and local government education spending, a new Goucher College poll found.

The poll also found that 60% of Maryland residents feel that high-income earners don’t pay enough taxes, despite a state income tax increase in May that forces over 300,000 Marylanders earning six figures to pay a higher tax rate.

Maryland Reporter News

Tax-hike on chewing tobacco, cheap cigars expected to reduce use

October 24, 2012 Maryland Reporter

The Campaign for Tobacco-Free Kids estimates that Maryland’s tax increases on smokeless tobacco and cheap cigars that began in July will cut the number of teens using those products by one third, according to a University of Maryland law school study being released today (Wednesday).

Maryland Reporter News

O’Malley administration seeks to float $750 million more in bond debt

September 30, 2012 Maryland Reporter

The O’Malley administration is seeking authorization to float $750 million more in state debt over the next five years, a move Comptroller Peter Franchot objects to as potentially triggering a property tax hike.

Maryland Reporter News

May tax hikes help drive slight Md. revenue growth, as fiscal cliff still looms

September 18, 2012 Maryland Reporter

May tax hikes are helping drive a $181 million uptick in Maryland revenues forecast this fiscal year, the Board of Revenue Estimates determined Monday. But state financial officials are still concerned that Congress has not acted to keep the national budget from falling off a fiscal cliff in 2013, with expiring tax cuts and mandatory spending reductions sending the economy into a second recession.

Columnists Martin Sieff News

The Race: Meltdown for Romney (Part 1)

September 18, 2012October 29, 2012 Martin Sieff

Something unprecedented is happening to Republican presidential candidate Mitt Romney. At the very moment his campaign seemed poised to take

Maryland Reporter News

Van Hollen follows O’Malley, jabbing at GOP convention

August 30, 2012 Maryland Reporter

U.S. Rep. Chris Van Hollen, D-Kensington, on Wednesday became the second Maryland Democrat to show up in Tampa to challenge Republicans during their national convention.

But unlike Gov. Martin O’Malley, who spoke at a Democratic Party office across the street on Tuesday, Van Hollen went inside the security perimeter Wednesday evening.

Maryland Reporter

Not all millionaires are the same: wealth vs. income

July 11, 2012July 23, 2012 Maryland Reporter

The national Tax Foundation got into a bit of a blogging bout with Gov. Martin O’Malley’s office Tuesday over what the foundation saw as misuse of its tax figures. But another problem with the blog was its use of figures about millionaires. It confuses the 157,000 households with liquid assets of $1 million with the 7,000 or so households which have income of $1 million a year.

Maryland Reporter

High state fee for Inner Harbor piers rocks the boat at Board of Public Works

June 7, 2012June 15, 2012 Maryland Reporter

The Board of Public Works on Wednesday asked the the state’s wetlands administration to explain the high compensation rates of $175 per square foot proposed for three Cordish Power Plant restaurants in Baltimore’s Inner Harbor — Hard Rock, Dick’s Last Resort and Phillips Seafood.

Maryland Reporter News

When farm owner dies, new estate law should help families keep it in business

June 1, 2012 Maryland Reporter

Farmers who want to keep the family farm in the family and in business when the owner dies hope that a law signed last week will do just that for agricultural homesteads in Maryland.

The Family Farm Preservation Act signed by Gov. Martin O’Malley aims to protect the future of the family farming by substantially reducing death taxes on many smaller operations.

Maryland Reporter

Sen. Cardin and retailers support taxing all Internet sales

May 31, 2012June 15, 2012 Maryland Reporter

Supporters of the Marketplace Fairness Act, including co-sponsor U.S. Sen. Ben Cardin, D-Md., say the failure to collect taxes on Internet sales is only taking money out the pockets of retailers with a physical presence. Improved Internet tax law, said Cardin, would’ve helped Maryland capture $375 million in revenue, enough to solve the doomsday budget problem in Annapolis and eliminate the need for the special session of the legislature.