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Senate approves budget with $500 million tax increase, sends to House
The state Senate approved a package of tax increases Thursday that would affect almost every Marylander in order to close a gap in the state's $35 billion spending plan. The vote on taxes was 26-20, with eight Democrats breaking ranks and voting red. The...Tags: Budgets and Budgeting, Paul G Pinsky, Karl Marx, Taxation, Democratic Party
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Feds Charge Former State Senator with Mail Fraud
Content ManagerFormer State Senate Democrat leader Robert Mellow, of Lackawanna County, has been charged by the federal government with Conspiracy to Commit Mail Fraud and filing a false income tax return. The 70 year old Mellow was a member of the Pennsylvania...Tags: Taxation, Income Tax, Politics, Fraud, Crime, Law and Justice
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Maryland Senate votes to tax the rich
The state Senate voted Thursday to significantly raise taxes on Marylanders earning half a million dollars or more — prompting complaints that liberals were bent on launching class warfare in the state. The Senate's vote to adopt what is being...Tags: Paul Ryan, Michael E. Busch, Paul G Pinsky, Occupy Wall Street, Montgomery County (Maryland)
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'Doomsday' budget lays out grim choices
Senators from Baltimore and the state's largest counties reacted with dismay Tuesday as the General Assembly's chief policy analyst laid out the details of what has been dubbed "the doomsday budget." Warren Deschenaux walked the Senate Budget and...Tags: Budgets and Budgeting, Local Government, Taxation, Nathaniel J McFadden, Democratic Party
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Income tax estimates dip by tens of millions
A state board revised down estimates on tax revenues for this year and the next, projecting that Maryland would be tens of millions short both years mostly on expectations that income tax receipts will be off. Maryland's Board of Revenue Estimates...Tags: Taxation, Martin O'Malley, Income Tax, Personal Income, Politics
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Senate panel approves income tax increase
Determined to avoid deep cuts to state spending, a Senate committee voted Thursday to approve an increase of roughly one-quarter of a percent in Maryland's income tax rate and to shift part of the state's teacher pension costs to the counties, though at a...Tags: Richard F. Colburn, Interior Policy, Budgets and Budgeting, Frederick County (Maryland), Teachers
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Md. Senate panel votes to raise income tax, phase in teacher pension costs
Maryland income taxes would rise and a split in teacher pension costs with local governments would be phased in over four years instead of one, under changes to Gov. Martin O’Malley’s budget plan approved Thursday by the Senate Budget and...Tags: Interior Policy, Budgets and Budgeting, Taxation, Montgomery County (Maryland), Roger Manno
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Close corporate tax loopholes through combined reporting
Maryland's General Assembly faces another year of "difficult choices" as it takes up the governor's budget. So it's surprising to me that lawmakers don't turn more readily to what should be an easy choice: closing loopholes in the corporate income tax...Tags: Howard County, Companies and Corporations, Taxation, Economy, Business and Finance, Democratic Party
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A budget breakthrough, but at what cost?
This week, the focus in Annapolis will be on the state's 2013 budget and the compromise struck by the Senate's Budget and Taxation Committee over education spending. Teachers, school boards, county executives and other local government leaders would be...Tags: Annapolis, Budgets and Budgeting, Interior Policy, Local Government, Teachers
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Legislative Session Opening Day: Minimum Wage
House Speaker Chris Donovan has proposed raising the minimum wage in Connecticut from $8.25 an hour to $9 on July 1 and to $9.75 the following July — and in the future having it rise with inflation. Currently, only Washington has a minimum wage...Tags: Taxation, Income Tax, Personal Income, Federal Income Tax, Politics
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Emanuel defends income-tax hike refund seizure
Clout StreetMayor Rahm Emanuel today gave an impassioned defense of the city’s effort to intercept millions in state income tax refunds from people across Illinois who owe City Hall money. The speech came after the City Council approved the plan 41-8. “...Tags: Nicholas Sposato, Leslie Hairston, Michael D. Chandler, Chicago Mayor, Local Government
Mar 15, 2012
|Story| Baltimore Sun
Mar 15, 2012
|Story| WPMT-LTV
Mar 15, 2012
|Story| Baltimore Sun
Mar 6, 2012
|Story| Baltimore Sun
Mar 7, 2012
|Story| Baltimore Sun
Mar 8, 2012
|Story| Baltimore Sun
Mar 8, 2012
|Story| Herald Mail
Mar 12, 2012
|Story| Baltimore Sun
Mar 12, 2012
|Story| Baltimore Sun
Feb 8, 2012
|Story| Hartford Courant
Jan 28, 2012
|Story| South Florida Sun-Sentinel
Feb 15, 2012
|Story| Chicago Tribune
Original site for State Income Tax topic gallery.