By Benjamin Orr Executive Director, Maryland Center on Economic Policy Giving more tax breaks to those at the top won’t create the good jobs Maryland needs. At the same time, it would undermine our future by making it harder for
The Maryland Board of Revenue Estimates announced Wednesday that revenues for the current fiscal year are expected to be $365 million less than predicted in March. This is largely due to the state receiving less individual income tax revenue than
By Len Lazarick Maryland tax revenues are expected to be down $365 million this fiscal year and another $418 million in fiscal 2018, a $783 million drop in what the state can spend, eating up all this year’s projected budget
By Sarah Gantz, Baltimore Sun Despite the nation’s highest median household income and among its lowest poverty rates last year, economists warned that new data from the Census Bureau continues to show a worrying economic divide in Maryland. Maryland’s median
Maryland’s revenue picture for the previous year wasn’t quite as rosy as projected. The state finished the budget year ending June 30 with $16.2 billion in revenue, with $196.5 million headed to the unassigned general fund, according to figures released
By DAN RUSSO, MAGGIE DEBLASIS, and LEXIE SCHAPITL Capital News Service WASHINGTON — When Freddie Gray, 25, was pronounced dead on April 19 of last year, the news angered and frustrated the mourning citizens of Baltimore, causing some neighborhoods to
Raise the wage! Raise the wage!” city workers and advocates chanted on the steps of City Hall this afternoon. They stood with Councilmember Mary Pat Clarke before she was set to introduce the first “Living Wage” bill in the country
A package of income tax cuts passed by the state Senate got a boost this week when Gov. Larry Hogan urged their passage as the legislature wraps up its business in the coming days. Though they differ from the assorted
ANNAPOLIS, Md. —The state Senate unanimously passed the state budget Thursday, sending it to the House — and income tax relief is not far behind. The tax-relief proposal covers a wide range of incomes, but critics contend it mostly benefits
The Senate Budget and Taxation committee approved a tax relief package that will save Marylanders about $100 million a year when fully implemented. The dollar amount was based on the total proposed in Gov. Larry Hogan’s package of tax reductions,
