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Doing what's fair on the historic tax credit
As a general rule, Baltimore City can't afford to give people bigger tax breaks than they deserve. The city is perennially strapped for cash, and as an analysis commissioned by Mayor Stephanie Rawlings-Blake shows, it will have to make significant cuts in spending during the next decade if it is to remain solvent. But the case of the 315 homeowners who have been getting bigger historic property tax credits than they qualified for merits an exception.
August 5, 2013