Save 75% - Only $49.99 for 1 full year! digitalPLUS subscription offer ends 12/1
NewsOpinionReaders Respond

Homestead tax credit does its job

Property TaxTax CreditsCredit and DebtBerlin Wall's Fall (1989)

I must congratulate your reporters for their investigative report on property taxes that recently appeared in The Sun ("Distorted discount," Dec. 18).

The fact that the reporters uncovered instances where multiple Homestead tax credits have been taken is an important finding. Why local taxing authorities cannot eliminate this problem boggles one's mind. It is not sufficient to say that this problem is difficult. It must be solved for the proper administration of Maryland's property tax laws.

To suggest, as Delegate Samuel "Sandy" Rosenberg was quick to do ("Key Maryland lawmaker calls for property tax overhaul," Dec. 19), that property taxes should incorporate one's income into the formula violates current tax policy. The city and the counties are already receiving funding based on income on the Maryland income tax returns.

The notion that the Homestead credit system currently in place is unfair must be based on the old hedonistic principle, "from each according to his ability, to each according to his need." That socialistic system of funding government was discredited with the fall of the Berlin Wall.

The current system of collecting property taxes does exactly what it was designed to do — it guarantees that the taxes collected from city property owners increases by no more than 4 percent per year. I retired here in 1998, bought a house, and my analysis of property taxes paid over those years averaged a 4 percent increase per year.

To bastardize the current system in the belief that the wealthy should pay a higher share of the cost of running the city and counties, smacks of the same concepts that we see on the national stage. It seems that since the wealthy are effectively disenfranchised as voters, they are easy targets of the populist politicians. Talk about a scandalous situation!

Sam Davis, Towson

Copyright © 2014, The Baltimore Sun
Related Content
Property TaxTax CreditsCredit and DebtBerlin Wall's Fall (1989)
  • Muddled thinking on the Homestead tax credit

    The three letters to the editor published in the December 27 edition of The Sun dealing with the recent series on the Homestead Property Tax Credit lead me to believe that either I or the writers of these letters are totally out of touch with what is going on in America, not just in Baltimore...

  • Fix the inequities of the homestead property tax credit

    As a lifelong resident of Baltimore City, I purchased a shell in Upper Fells Point in 1985 for $12,000 and borrowed $40,000 to restore it. I am a union bricklayer, so I also contributed hundreds of hours of uncompensated labor toward the restoration of my home.

  • Maryland's Homestead Property Tax Credit needs revision

    Your article "Distorted discount" (Dec. 18) made a good case for a full legislative review and revision of the Maryland Homestead Property Tax Credit. It would be hard to imagine a more Byzantine, distorted, unfair and unenforceable system of taxation.

  • Don't chase away Baltimore's rich, too

    Jamie Smith Hopkins and Scott Calvert wrote an excellent in-depth article about Baltimore City property taxes ("Distorted discount," Dec. 18). However, I am perplexed that they seem to think that Baltimore's wealthy are getting a "break" because of the Homestead tax credit.

  • Baltimore homestead tax credits: Gross inequality
    Baltimore homestead tax credits: Gross inequality

    Our view: While well intentioned, the Homestead Tax Credit has warped Baltimore's real estate market and hinders the mayor's goal of increasing the city's population

  • City property tax burden overstated

    The Sun investigation into the Homestead tax credit and its impact on the city ("Distorted discount," Dec. 18) perpetuates the fiction that the Baltimore property tax rate (2.268 percent) is "at least double that of any other jurisdiction in Maryland."

  • Replace the Homestead Property Tax Credit with a state-wide flat tax

    Your article "Distorted discount" (Dec. 18) suggests getting rid of the homestead property tax credit. Eliminating the property tax credit could reduce Baltimore City's property tax rate by 13 percent and provide the uniform taxation of all property owners required by the state constitution....

  • Homestead property tax credit is unfair

    Kudos to Jamie Smith Hopkins and Scott Calvert for their excellent investigative report on Homestead Property Tax Credit ("Distorted discount," Dec. 18). I always thought I was paying much more taxes than my neighbors. I went online, and saw for myself. Some of my neighbors are getting a...

Comments
Loading