This week Maryland lawmakers are considering a proposal from Gov. Hogan to give additional state tax breaks to companies participating in the federal Opportunity Zones program. Doubling down on the ineffective tax break approach would be an unwise use of
A recent report on Montgomery County’s economic outlook painted a misleadingly bleak picture and prompted misguided calls for tax cuts and deregulation. The truth is that Montgomery County has a fundamentally strong local economy and at the same time faces
Amazon’s increasing dominance of the retail sector has helped squeeze traditional retailers and local businesses, prompting many to offer deep discounts before ultimately closing their doors.
Position Statement Opposing Senate Bill 239 Given before the Senate Budget and Taxation Committee The proposal to eliminate personal property taxes for new businesses and businesses that relocate to Maryland echoes the larger state-level business tax credits that have proven
This morning, Gov. Larry Hogan set the stage for another year of missed opportunities for investing in Maryland’s future as he promised his next budget will provide even less money for state services, as a whole, than the current budget
A pair of Maryland job creation tax credits is doing little to boost the state’s economy, at the expense of state investments that would support economic growth. The Job Creation Tax Credit and the Businesses that Create New Jobs Tax
Position Statement Opposing House Bill 1250 Given before the House Ways and Means Committee Implementing a tax cut for one category of businesses would significantly reduce resources that Maryland relies on to fund education, roads, hospitals and other public assets
