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Income Tax

A collection of news and information related to Income Tax published by this site and its partners.

Top Income Tax Articles

Displaying items 25-36
  • Md. taxes aren't as progressive as Rodricks thinks

    Unfortunately, Dan Rodricks' column about our so-called "progressive" tax system in Maryland ("Land of pleasant living — thanks to your taxes, folks" March 25) has it wrong. The alleged "rate" of income tax is not the same as the true percentage...
  • O'Malley defends plan to raise taxes

    O'Malley defends plan to raise taxes
    Gov. Martin O'Malley on Wednesday defended his proposal to ask 20 percent of Marylanders to pay more income taxes, calling his budget plan "a balanced approach" that preserves funding for priorities such as education. At a budget briefing, the governor...
  • A tough budget

    A tough budget
    Gov. Martin O'Malley today submitted what is likely to be among the most controversial budget proposals in his two terms in office. Faced with a $1 billion gap between projected spending and revenues, and committed to a goal of finding real solutions to...
  • Critics rail against O'Malley's spending plan

    Critics rail against O'Malley's spending plan
    Gov. Martin O'Malley's proposed budget was assailed on many fronts Wednesday as county executives, education advocates, Maryland hospitals and Republican leaders began making their case against the $36 billion spending plan. Some said cuts in payments to...
  • O'Malley budget seeks to cap deductions, shift portion teacher pensions to counties

    ANNAPOLIS — Gov.Martin O'Malleysaid this proposed capping income tax deductions and rolling back income tax exemptions for Maryland's highest earners as part of his plan to close the $1 billion hole in the state's $14 billion operating budget. O'...
  • Most rural Marylanders say, 'War? What war?'

    Most rural Marylanders say, 'War? What war?'
    Nobody asked me but . . . This news, via MarylandReporter.com, might come as a shock to members of the General Assembly who believe the O'Malley administration is waging a "war on rural Maryland": A poll by OpinionWorks finds that 62 percent of...
  • Let's talk about the meaning of fairness

    In his State of the Union address, President Barack Obama talked about Americans paying their fair share in taxes. For most of my life, I thought that I had a reasonably good idea about what "fair" means — except for that period when my children...
  • Income tax still up in the air, gas tax dead in the water

    As the final days of the 2012 legislative session wind down, it looks more and more likely that Maryland taxpayers will be forking over more to the state government next year. Who will be paying and how much, however, is still up for debate in the...
  • O'Malley makes his case for 'investments' in Maryland

    O'Malley makes his case for 'investments' in Maryland
    Gov. Martin O'Malley used his State of the State address Wednesday to make his case for his most ambitious legislative agenda since taking office. Now comes the hard job of selling it. In an upbeat, 33-minute speech to both chambers of the General...
  • State budget surplus greater than expected

    State budget surplus greater than expected
    Maryland finished the most recent budget year with nearly $1 billion in unspent funds, a surplus that was more than 50 percent higher than expected, mostly due to stronger-than-anticipated income tax receipts, officials said Thursday. "It is...
  • A plan that helps retirees and Maryland

    A plan that helps retirees and Maryland
    The next several years will see a flood tide of a new kind of retiree — the rollover retiree. Millions of baby boomers will be transitioning into retirement without the comfort of the old-fashioned monthly pension check, but rather with a lump sum...
  • How Harford Powerball winners' $108.8 million became $43.4 million

    The Harford County couple who recently won the multi-state Powerball jackpot has not gone public, but they did receive their winnings, according to state lottery officials. Their check worked out to about 40 percent of what the Powerball publicity...