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State Budgets

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    Mar 22, 2012 |Story| Baltimore Sun
  1. Delegate reviews state budget

    Editor: As a member of the Appropriations Committee, I have been very busy working on the state budget for the last six weeks. The Minority party members of Appropriations crafted a budget plan that relies on level funding the budget based on last year's...

    Tags: Personal Income, Small Businesses, Business, Annapolis, Executive Branch

  2. Mar 26, 2012 |Story| Baltimore Sun
  3. State budget: Heading in the right direction

    The House of Delegates' rewrite of next year's state budget takes some important steps toward making Maryland's finances sustainable without dipping quite so deeply into taxpayers' pockets as the Senate's plan. It's not perfect, and some details will still need to be ironed out in negotiations between the two chambers, but it appears to be heading in the right direction. Here's what remains to be decided in the weeks ahead:
    The House of Delegates' rewrite of next year's state budget takes some important steps toward making Maryland's finances sustainable without dipping quite so deeply into taxpayers' pockets as the Senate's plan. It's not perfect, and some details will...

    Tags: Martin O'Malley, Income Tax, Personal Income, Taxation, Pension and Welfare

  4. Apr 5, 2012 |Story| Patuxent Homestead
  5. 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...

    Tags: Finance, Income Tax, Personal Income, Minor League Baseball, Petroleum Industry

  6. Apr 9, 2012 |Story| Baltimore Sun
  7. Assembly fails to pass tax bill, adopts 'Doomsday' budget

    The Maryland General Assembly's regular 90-day session ended in disarray Monday at midnight as legislators failed to approve an income tax measure to which their leaders had agreed.
    The Maryland General Assembly's regular 90-day session ended in disarray Monday at midnight as legislators failed to approve an income tax measure to which their leaders had agreed. The lack of action meant that a so-called "doomsday" budget —...

    Tags: E.J. Pipkin, Same-Sex Marriage, Regional Authority, Taxation, Rentals

  8. Nov 30, 2011 |Story| Baltimore Sun
  9. Maryland spending growth tops in the region? Not really.

    Maryland Business for Responsive Government this week slammed the state government for its profligacy based on a new report from the National Governors Association and the National Association of State Budget Officers showing Maryland has the largest general fund budget growth in the Mid-Atlantic and the seventh highest in the nation. “These numbers clearly show that Maryland has a spending problem,” MBRG President Kimberly M. Burns said in the release.
    Maryland Business for Responsive Government this week slammed the state government for its profligacy based on a new report from the National Governors Association and the National Association of State Budget Officers showing Maryland has the largest...

    Tags: Finance, Public Finance, National Government, Apples, Government Debt

  10. Aug 20, 2011 |Story| Baltimore Sun
  11. O'Malley puts tax increases on the table for 2012 legislature

    Gov. Martin O'Malley signaled that tax increases could be in the cards during next year's legislative session, though he said any state action would depend on congressional budget-cutting decisions this winter. In a speech to local government leaders...

    Tags: Martin O'Malley, E.J. Pipkin, Public Finance, Regional Authority, Elections

  12. Aug 26, 2011 |Story| Baltimore Sun
  13. Higher taxes will hurt Maryland jobs

    Your editorial advocating tax increases to fix Annapolis' job-killing spending problem once again misses the mark ("Tax increases should be on the table," Aug. 23). Government's insistence on uncontrolled, unsustainable spending has saddled future...

    Tags: Martin O'Malley, Maryland, Americans for Prosperity, Elections, Annapolis

  14. Jan 18, 2012 |Story| Baltimore Sun
  15. 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 Maryland's persistent budget woes, Mr. O'Malley is now reaching for the hard-to-do ideas, many of which have been kicking around Annapolis for years but have gone nowhere because they were politically unpalatable. He is finally proposing a shift of teacher pension costs to local governments and addressing the loss of sales tax revenue to e-commerce. He is going after tax credits for niche industries, and he is cutting $200 million from state support for Medicaid. He relies less on fund transfers and other gimmicks than he ever has.
    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...

    Tags: Income Tax, Towson, Regional Authority, Teaching and Learning, Taxation

  16. Aug 23, 2011 |Story| Baltimore Sun
  17. Vacant city houses get property tax break meant for owner-occupied homes

    Property tax breaks meant to encourage homeownership have been awarded to 465 vacant houses in Baltimore, depriving the city of uncollected revenue in a difficult budget year and calling into question past promises from city officials to crack down on tax scofflaws, a Baltimore Sun analysis has found.
    Property tax breaks meant to encourage homeownership have been awarded to 465 vacant houses in Baltimore, depriving the city of uncollected revenue in a difficult budget year and calling into question past promises from city officials to crack down on tax...

    Tags: Finance, Real Estate, Elections, Financial and Business Services, Rentals

  18. Jun 25, 2011 |Story| Baltimore Sun
  19. Living in Maryland is far superior to living in Texas

    Having just moved back to Maryland after 23 years in Dallas, I think I can bring some insight as to Texas' merits vs. Maryland. ("A Texas remedy for what ails Maryland jobs," June 22) First, there is the myth that Texas is cheaper to live in than other...

    Tags: Personal Income, Taxation, Property Tax, Dallas, State Income Tax

  20. Aug 25, 2010 |Story| Baltimore Sun
  21. Drama from former Senator Theatre owner

    From the Maryland Politics blog:
    Baltimore Sun reporter
    From the Maryland Politics blog: Meetings of the city's spending board are generally sleepy bureaucratic pageants, punctuated by the occasional protest from contractors or sopping arrival of officials caught in the rain. But Tom Kiefaber, who ran the...

    Tags: Family, Elections, Charles Theatre, Contracts, Belvedere Square

  22. Dec 3, 2010 |Story| Baltimore Sun
  23. Carl Verstandig's shopping center empire

    At a time when many real estate companies are having trouble getting loans for expansion, Pikesville-based America's Realty is growing steadily. Headed by chief executive Carl Verstandig, it now controls 164 commercial developments in 13 states — a total of 21 million square feet of space housing 15,000 retailers.
    At a time when many real estate companies are having trouble getting loans for expansion, Pikesville-based America's Realty is growing steadily. Headed by chief executive Carl Verstandig, it now controls 164 commercial developments in 13 states —...

    Tags: Family, Towson, Rentals, James Rouse, Companies and Corporations

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