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For the first time since a recession gripped the country in 2008, Maryland is approaching a General Assembly session with good fiscal news: Neither tax increases nor drastic budget cuts are likely to be needed to balance the budget. The improved forecast...
Regardless of whether the president and Congress strike a deal or take the nation headfirst over the "fiscal cliff," federal taxes for some Marylanders will increase next year — and under some scenarios the pain could be worse than in other states....
A bipartisan plan to avoid federal spending reductions and tax increases that would hit Maryland especially hard won final approval Tuesday night in the House of Representatives even as outside groups warned that the bill would simply delay difficult...
MEET THE CANDIDATES When Marylanders head to the polls Nov. 6, they will elect members of the U.S. Senate and House of Representatives in addition to casting their ballots for president. Dozens of people are running for a chance to represent the...
In the great pile of email that arrived after last Sunday's column on millionaires who whine about "class warfare," there were numerous defenses of wealthy "job creators like Mitt Romney," and an equal number of attacks on "liberals like President Obama"...
Under the Maryland Dream Act, students who want to attend our community colleges or public universities at the in-state tuition rate must have attended a Maryland high school for at least three years. They must prove that their families filed state income...
You stumble upon some extra money lying around the house — some spare change behind the sofa cushions or the equivalent. You might be pleased with your unexpected good (albeit only modestly so) fortune, but you probably wouldn't be looking to...
Less than three months after the Maryland General Assembly met in a special session to raise the state income tax on many middle-class families, there is a growing likelihood that lawmakers will soon descend on Annapolis again. This latest special session...
High-earners in Maryland will feel a financial pinch as employers start withholding more money from paychecks to accommodate the higher income tax rates approved by the General Assembly in May and signed into law by Gov.Martin O'Malley. The tax...
The Taxpayers Protection Alliance, a Virginia-based nonprofit that advocates nationally for lower taxes and smaller government, has been running radio ads in the Baltimore area with a simple message: Don't give gaming companies a big tax break. That...
A new report from the IRS shows that nearly 21,000 American households with incomes of $200,000 and up didn't owe federal income taxes. If you're like me, your first question is: How can that be? Your possible next question: Can I get that kind of tax...
This Wednesday's planned opening of the half-billion-dollar Maryland Live! Casino at Arundel Mills marks a red-letter day in Maryland gaming history. The scale of the enormous, 330,000-square-foot facility is stunning: It will eventually house 4,750...
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