state 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.

As things settle out from the boom and bust, among the first items on the county government's agenda in weeks and months to come should be a substantial reduction in the local income tax rate.

Maryland may have closed out the fiscal year $229 million ahead, but that's no surplus

Maryland will go into the process of planning its next budget with about $450 million more than previously projected -- mostly as a result of a rebound in revenue collections.

Tax professionals discuss strategies in a year when no one is sure where taxes are headed.

Comptroller says state needs to find efficiencies, hold the line on taxes

Maryland House of Delegates must resist the temptation to give a generous tax break to gaming companies on the heels of raising income taxes

High-earners in Maryland will feel a financial pinch beginning Sunday, when employers boost paycheck withholdings to accommodate higher income tax rates. The tax increase is one of hundreds of new laws taking effect with the July 1 start of the state's fiscal year.

Are Maryland lawmakers seriously contemplating giving out-of-state casino operators a major tax break just weeks after raising 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

How the special legislative session ended and what local legislators have to say

It's time for tax reform that fairly reflects people's actual earnings and expenditures

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 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.

After beating back a series of challenges in the House, lawmakers are poised to give final approval Wednesday to a plan to raise the state income tax to fund schools, police and Medicaid.

Harford County will see $4.8 million impact in state aid from special session

A carefully choreographed strategy to raise state income taxes to stave off so-called Doomsday budget cuts faces a challenge in the General Assembly after several Democrats defied party leaders with a proposal to raise the sales tax instead.

GOP opens session with roar of protest

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.

Senate President says he wants a "modification" to a budget deal that Senate conferees signed hours before the legislative session ended in confusion last week.

In a letter to Maryland senators, Senate President Thomas V. Mike Miller says there's been "tremendous misinformation" circulating about the final day of the General Assembly session and insisted that he did not hold up a bill to raise income taxes over legislation to expand gambling.

The 2012 legislative session came to a close Monday night. Here is what passed and what it means for residents

General Assembly leaders reached tentative agreement Monday night on a state budget for the coming year and an income tax increase to help pay for it. But the full Assembly had yet to vote on the tax measure as the session's midnight end approached.

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.

Pushing legislative brinkmanship to its limits, the General Assembly will go into the last scheduled day of its 90-day session Monday without an agreement on the one thing it must get done under Maryland's Constitution: pass a balanced budget.

General Assembly negotiators broke a prolonged standoff over the state budget late Thursday as the Senate agreed to spare Marylanders making under $100,000 any income tax rate increase

Harford County delegates and senators oppose income tax, gas increase in state budget

The House of Delegates' version of Maryland's budget cuts more and taxes less than the Senate spending plan.

State Sen. Bobby Zirkin takes exception to Dan Rodricks' column on his opposition to a new "millionaires tax."

A Maryland House committee voted Monday to raise income taxes — but by a significantly smaller amount than either Gov. Martin O'Malley or the Senate has proposed.

House cuts Senate's income tax hike in half

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.

Senate to take up budget, taxes, pensions today

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.

Senate committee crafts an elegant solution to Maryland's education funding conundrum but does it ask too much of taxpayers?

Combined reporting: Instead of tinkering around the edges of reform, General Assembly should take a comprehensive approach to tax avoidance

Determined to avoid deep cuts to state spending, a Senate committee voted Thursday to approve an increase of roughly one-quarter of a percent in Maryland's income tax rate and to shift part of the state's teacher pension costs to the counties, though at a more gradual pace than proposed by Gov. Martin O'Malley.

Senators from Baltimore and the state's largest counties reacted with dismay Tuesday as the General Assembly's chief policy analyst laid out the details of what has been dubbed "the doomsday budget."

If Maryland lawmakers want to scrap Gov. Martin O'Malley's tax plans, they had better produce a reasonable alternative