Commentary: Delaney’s infrastructure bill doesn’t hold up to scrutiny

UMBC Professor Roy Meyers takes issue with Rep. John Delaney’s proposed “Partnership to Build America Act”–a bill that would allow U.S. corporations to avoid taxes when they repatriate profits that are now booked overseas, if they purchase bonds that would be used to build infrastructure. He’s received plenty of favorable media mentions on this bill, but as a budget and policy expert, Meyers believes those reviews are far too generous. The rhetoric supporting the bill is attractive, but it distracts attention from the bill’s complexities

Read more

Assembly leaders back cutting estate taxes, but opponents knock break for wealthy

General Assembly leaders say they are fearful wealthy Maryland residents are moving out of state because of Maryland’s high estate tax and are promoting legislation that would cut the “death tax”

Maryland imposes a tax when property is transferred from the deceased to a living relative, if that property is valued at more than $1 million — the tax caps at 16% of the entire estate.

Read more