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About 21,000 high earners paid no federal income tax
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...Tags: Tax Credits, Mitt Romney, Credit Ratings, Income Tax, Internal Revenue Service
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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...Tags: Energy Saving, Wicomico County, Parties and Movements, Income Tax, Annapolis
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Ire over income tax plan to get louder Monday
A Maryland family making more than $175,000 will pay at least $254 more in income taxes this year under a revenue-raising plan the Maryland General Assembly is expected to take up when it convenes for special session on Monday.
The same family of joint...Tags: Maryland General Assembly, Executive Branch, Income Tax, Annapolis, Business
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It's time for tax reform that benefits the middle class
Thomas Neale's recent letter to the editor employs uses usual Republican tactic of throwing out irrelevant statistics to confuse the issue of tax fairness ("The wealthy pay more than their fair share," May 14). It doesn't matter that the top 1 percent...Tags: Income Tax, State Income Tax, Taxation, Personal Income
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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...Tags: Income Tax, Harford County, State Income Tax, Powerball Lottery, Lotteries
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Final day? Many issues still hanging for Assembly, foremost the budget
A lengthy roster of high-profile bills remains unresolved as the General Assembly begins what is supposed to be the final day of its 2012 session: Offshore wind power. A doubling of the so-called "flush tax." The future of gambling in Maryland.
But...Tags: Executive Branch, Finance, Annapolis, Budgets and Budgeting, Renewable Energy
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O'Malley's proposal to raise taxes on "high earners" draws protests in Annapolis and beyond
Frank and Joanne McShalley don't think of themselves as rich. He works for an insurance company. She's an office manager. They've got two kids in Baltimore County Catholic schools.
The family isn't hurting, but with the costs of running a household ...Tags: Whole Foods Market, Parties and Movements, Annapolis, Budgets and Budgeting, State Income Tax
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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...Tags: General Electric Company, Income Tax, Super Bowl, Baltimore Orioles, National Government
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Tax policy on the fly
Disinclined as we may be to pity the plight of those making more than $500,000 a year, the state Senate, in its attempt to raise more revenue from such top earners, has gone too far. The Senate has adopted a plan that appears to be unique among the 50...
Tags: Real Estate, Income Tax, State Income Tax, Taxation, Personal Income
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Free tax preparation, plus a lot more
If you don't make a lot of money, the Baltimore CASH Campaign thinks you shouldn't be forking any of it over to get your tax returns prepared.
The nonprofit group is heading into its 11th tax season, offering free help for low- and moderate-income area...Tags: Tax Credits, Finance, Bonds, Internal Revenue Service, Health Insurance
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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...Tags: Rentals, Income Tax, Barack Obama, State Income Tax, Warren Buffett
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Maryland Senate votes to tax the rich
The state Senate voted Thursday to significantly raise taxes on Marylanders earning half a million dollars or more — prompting complaints that liberals were bent on launching class warfare in the state. The Senate's vote to adopt what is being...Tags: Parties and Movements, Income Tax, Paul G Pinsky, Karl Marx, Budgets and Budgeting
Jun 10, 2012
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Feb 1, 2012
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May 13, 2012
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May 17, 2012
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Sep 22, 2011
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Jan 26, 2012
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Mar 15, 2012
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