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Personal Income

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    May 29, 2012 |Story| Baltimore Sun
  1. Our 2 cents: Mayor's tax plan is a good start

    MayorStephanie Rawlings-Blakehas taken a bold step forward to alleviate Baltimore City's painfully high residential property tax rate. In the face of very difficult economic and budgetary conditions, she has introduced the Targeted Homeowners' Tax Credit ordinance. It is designed to reduce the effective property tax rate for homeowners in the city by approximately 2 cents per $100 of assessed value in fiscal 2013, increasing annually to 20 cents by fiscal 2020.
    MayorStephanie Rawlings-Blakehas taken a bold step forward to alleviate Baltimore City's painfully high residential property tax rate. In the face of very difficult economic and budgetary conditions, she has introduced the Targeted Homeowners' Tax...

    Tags: Homes, Realty, Business, Finance, Tax Credits

  2. May 27, 2012 |Story| Baltimore Sun
  3. Seniors grow old under debt

    Norman Harvel is growing old under a mountain of debt.
    Norman Harvel is growing old under a mountain of debt. At 60, Harvel faces medical and credit card bills topping $80,000. Yet Harvel is unable to work, having been injured at a job site more a decade ago. The former building maintenance worker now...

    Tags: Mortgages, Alzheimer's Disease, Health Insurance Cost, Nursing, Consumers

  4. May 24, 2012 |Story| Patuxent Homestead
  5. Harford executive withdraws employee bonus bills; county council goes along

    Citing the new financial burden caused by last week's Maryland General Assembly action on teacher pension obligations, Harford County Executive David Craig withdrew legislation that would have paid a one-time, $625 bonus to all county government and...

    Tags: Job Layoffs, Natural Disasters, Interior Policy, Layoffs and Downsizing, Pension and Welfare

  6. May 18, 2012 |Story| Baltimore Sun
  7. Maryland sees biggest job loss in nation in April

    Maryland shed 6,000 jobs in April, the federal government said Friday — the largest monthly loss in the country during a month when most states gained, but one that might have been overstated.
    Maryland shed 6,000 jobs in April, the federal government said Friday — the largest monthly loss in the country during a month when most states gained, but one that might have been overstated. The figures, which are preliminary and adjusted for...

    Tags: Washington, DC, University of Baltimore, Business, Government Debt, Employment Opportunities

  8. May 22, 2012 |Story| Baltimore Sun
  9. Law puts social studies back in the limelight

    Social studies, a subject that had been demoted in Maryland schools in recent years, will regain some of its past educational stature under a bill signed Tuesday by Gov. Martin O'Malley.
    Social studies, a subject that had been demoted in Maryland schools in recent years, will regain some of its past educational stature under a bill signed Tuesday by Gov. Martin O'Malley. Under the legislation — one of hundreds of bills O'Malley...

    Tags: Michael E. Busch, Schools, Elementary Schools, Interior Policy, Pension and Welfare

  10. May 22, 2012 |Story| Baltimore Sun
  11. O'Malley to sign tax hike, arsenic ban, ethics bill

    Gov.Martin O'Malley will sign bills doing everything from raising income taxes to banning arsenic from chicken feed Tuesday as he closes out the business of the 90-day General Assembly session and the special session that followed it. Joined by House...

    Tags: Values, Ethics, Elections

  12. May 22, 2012 |Column| Baltimore Sun
  13. Defining down 'rich' won't save Maryland's budget

    Plastic surgery and Botox made 40 the new 30. In this month's special session of the General Assembly, Maryland's Democratic legislators made $100,000 the new $1 million. Unlike doctors and pharmaceuticals, however, members of the state's majority party...

    Tags: Howard County, Barack Obama, Botox (drug), Montgomery County (Maryland), State Income Tax

  14. May 22, 2012 |Story| Baltimore Sun
  15. Lies, damn lies and phony tax statistics

    Thomas M. Neale's letter to the editor ("The wealthy pay more than their fair share," May 14) uses the usual Republican tactic of irrelevant statistics to confuse the issue of tax fairness. It does not matter that the top 1 percent of taxpayers pay 38...

    Tags: State Income Tax, Income Tax, Unemployment, Federal Income Tax, Taxation

  16. May 23, 2012 |Story| Baltimore Sun
  17. Maryland offers tax relief on debt forgiveness

    For a long time, you had to pay income tax on debt that your mortgage lender forgave. During the height of the housing crisis, the federal government offered a reprieve — it stopped collecting income tax on up to $2 million of forgiven mortgage debt...

    Tags: Mortgages, Maryland General Assembly, State Income Tax, Income Tax, Federal Income Tax

  18. May 17, 2012 |Story| Patuxent Homestead
  19. Harford legislators, county executive sound off on special session

    The top 14 percent of Maryland residents will soon pay more in income taxes and the counties will begin to cover a portion of teacher pension costs. The House of Delegates approved the tax measure 77 to 60 Wednesday afternoon, the last day of the special...

    Tags: Maryland General Assembly, Interior Policy, Family, Pension and Welfare, Marriage

  20. May 16, 2012 |Story| Baltimore Sun
  21. O'Malley builds on tax-raising legacy

    The General Assembly's speedy embrace of Gov. Martin O'Malley's income tax increases this week cleaned up a political mess in Annapolis, but the rate hikes could come back to haunt the Democrat if he seeks national office when his time in the governor's mansion is up.
    The General Assembly's speedy embrace of Gov. Martin O'Malley's income tax increases this week cleaned up a political mess in Annapolis, but the rate hikes could come back to haunt the Democrat if he seeks national office when his time in the governor's...

    Tags: Primaries, Barack Obama, Andrew Cuomo, Regional Authority, Budgets and Budgeting

  22. May 16, 2012 |Story| Baltimore Sun
  23. General Assembly raises income tax on top 14 percent

    It took three carefully scripted days, but Maryland's ruling Democrats finally put in place the budget deal that eluded them in the waning hours of the state's regular session last month.
    It took three carefully scripted days, but Maryland's ruling Democrats finally put in place the budget deal that eluded them in the waning hours of the state's regular session last month. The revenue package approved by the House on Wednesday will...

    Tags: Michael E. Busch, Tobacco Products, Biotechnology, Interior Policy, Parties and Movements

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Personal Income Photos
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