federal income tax
- For better or worse, Marylanders may be more affected by the fiscal cliff tax deal than residents in other parts of the country.
- 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.
- For the first time since a recession gripped the country in 2008, Maryland is approaching a General Assembly session with good news about its operating budget: Neither tax increases nor drastic budget cuts are likely to be needed.
- No, the truth is that current attempts to "redistribute wealth," no matter how they are spun or advertised, are largely serving to penalize success, encourage dependency and create a welfare society in which the "safety net" for those who can't help themselves is increasingly becoming a net of entrapment and entitlement for those who can. The numbers simply don't lie.
- Maryland may have closed out the fiscal year $229 million ahead, but that's no surplus
- Mitt Romney says he paid at least 13 percent; are we supposed to be impressed?
- Tax professionals discuss strategies in a year when no one is sure where taxes are headed.
- How 21,000 wealthy Americans managed to avoid owing federal income taxes.
- Maryland will offer tax relief on mortgage debt forgiveness
- Claims that the U.S. rich pay taxes to support 'freeloaders' is an outright lie
- It's time for tax reform that fairly reflects people's actual earnings and expenditures
- 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 they convene for special session on Monday.
- 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 , including offshore wind power and the future of gambling in Maryland. But foremost, lawmakers are coming in Monday hoping they can pass a budget.
- A plan adopted by the Maryland Senate may be unique among the 50 states in how it would handle income taxes for high earners, and it would violate the principle that a dollar earned should not cost more than a dollar in taxes.
- 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.
- Combined reporting: Instead of tinkering around the edges of reform, General Assembly should take a comprehensive approach to tax avoidance
- Gov. Martin O'Malley issued a rousing call for an aggressive program to invest in jobs and honor "human dignity" for families – whether the parents are gay or straight – in an upbeat State of the State Address Wednesday.
- Is it right that almost half of Americans pay no income tax?
- Robert Reich writes that the flat tax is neither fair nor simple and would serve merely to make the poor pay more and the rich pay less.
- Converting 401(k) accounts into annuities could be mutually beneficial
- Living in Maryland is less expensive and more satisfying than dwelling in Texas.
- Republicans want a double-dip recession so they can take over the government
- With gas prices at $4 a gallon, it's time to repeal tax breaks for big oil companies
-
- If you are a low- to moderate-income taxpayer and you shell out any money to have your taxes done, you're likely paying too much.