| Jul 19, 2012
| 12:33 PM
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...
| Aug 30, 2012
| 11:21 AM
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...
| Jan 1, 2013
| 9:08 PM
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...
| Dec 13, 2012
| 5:39 PM
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...
| Dec 15, 2012
| 12:13 PM
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....
| Apr 21, 2011
| 8:43 AM
Just as the first green sprouts of spring give rise to optimism for better days ahead, there are hopeful economic signs in Ellicott City, where Howard County Executive Ken Ulman this week proposed a budget that — wait for it — anticipates...
| Jan 30, 2011
For taxpayers who are procrastinators, this is your year.
Not only is the Internal Revenue Service asking those with more complex returns to hold off filing until mid-February, but the usual tax deadline has been extended three days, to April 18, because...
| Aug 11, 2011
| 4:20 PM
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...
| Mar 12, 2012
| 6:25 AM
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...
| Mar 12, 2012
| 9:55 AM
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...
| Mar 13, 2012
| 7:10 PM
Gov. Martin O'Malley is expected to make a personal, perhaps quixotic pitch Wednesday for what could be the least popular proposal in Annapolis this year: raising the tax on gasoline.
The governor is scheduled to testify before House and Senate...
| Oct 26, 2011
| 3:00 AM
The so-called "flat tax" is all the rage among Republican presidential hopefuls. Herman Cain was the first. Now, Rick Perry and Newt Gingrich have come up with their own flat-tax proposals.
The flat tax is a fraud. It raises taxes on the poor and...