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Income Tax

A collection of news and information related to Income Tax published by this site and its partners.

Top Income Tax Articles

Displaying items 100-110
  • O'Malley defends plan to raise taxes

    O'Malley defends plan to raise taxes
    Gov. Martin O'Malley on Wednesday defended his proposal to ask 20 percent of Marylanders to pay more income taxes, calling his budget plan "a balanced approach" that preserves funding for priorities such as education. At a budget briefing, the governor...
  • A tough budget

    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...
  • Critics rail against O'Malley's spending plan

    Critics rail against O'Malley's spending plan
    Gov. Martin O'Malley's proposed budget was assailed on many fronts Wednesday as county executives, education advocates, Maryland hospitals and Republican leaders began making their case against the $36 billion spending plan. Some said cuts in payments to...
  • Most rural Marylanders say, 'War? What war?'

    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...
  • 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...
  • O'Malley makes his case for 'investments' in Maryland

    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...
  • Federal tax deduction for mortgage insurance premiums expires

    Though its demise drew little attention because of the partisan year-end brawl over the payroll tax cut extension in Congress, a key mortgage financing benefit disappeared at the end of December: the ability of large numbers of home buyers and owners to...
  • Despite New Law, Poor Still Fucked, Rich Still Whining

    Despite New Law, Poor Still Fucked, Rich Still Whining
    Connecticut's wealthiest 1 percent still get a sweet deal on taxes, while the poorest 20 percent get screwed, according to a report released last month by CT Voices for Children. But the Washington, D.C.-based think tank that collected the data says...
  • A plan that helps retirees and Maryland

    A plan that helps retirees and Maryland
    The next several years will see a flood tide of a new kind of retiree — the rollover retiree. Millions of baby boomers will be transitioning into retirement without the comfort of the old-fashioned monthly pension check, but rather with a lump sum...
  • Beavers says feds indicted him on tax charges when he wouldn't wear wire

    Beavers says feds indicted him on tax charges when he wouldn't wear wire
    Cook County Commissioner William Beavers was indicted Thursday on charges he failed to pay taxes on tens of thousands of dollars in campaign funds that he used to pay off personal expenses. But the storied, tough-talking 77-year-old Democrat denied the...
  • O'Malley should get rid of the mortgage deduction altogether

    Gov.Martin O'Malley's effort to cut back on tax loopholes is a necessary step to reduce the state's income tax, and eliminating the mortgage interest income tax deduction is a good place to start ("Realtors to rally against proposed change affecting Md....