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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 56-66
  • Yes on Proposition 30, no on Proposition 38

    The day Gov. Jerry Brown took office in 2011, the state budget was more than $25 billion in the red — the latest installment in a long-running drama of boom-and-bust budgeting. Since then, lawmakers have slashed billions of dollars from education,...
  • 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...
  • Lies, damn lies and phony tax statistics

    Thomas M. Neale's letter to the editor ("The wealthy pay more than their fair share," May 14) uses the usual Republican tactic of irrelevant statistics to confuse the issue of tax fairness. It does not matter that the top 1 percent of taxpayers pay 38...
  • Maryland offers tax relief on debt forgiveness

    For a long time, you had to pay income tax on debt that your mortgage lender forgave. During the height of the housing crisis, the federal government offered a reprieve — it stopped collecting income tax on up to $2 million of forgiven mortgage debt...
  • Central issues of Election 2012

    Whoever wins the presidential election in November will confront urgent problems: Should tax cuts scheduled to expire be renewed? Should federal spending be cut to reduce the deficit or would that weaken an already lackluster economy? After one of the...
  • Inside Proposition 38

    Inside Proposition 38
    If you talk with the “Yes on 38” campaign, they will tell you that your tax dollars will go towards educating children not towards Sacramento, but critics argue that Californians are already taxed enough. By voting for Proposition 38, you&...
  • Commentary: Why Newport-Mesa should support Prop. 30

    In recent years, California's education budget has taken more than $20 billion in cuts. Anyone who claims wasteful spending is the only problem isn't seeing the entire picture. We have a revenue problem too. According to Education Weekly, California...
  • Gambling's most taxing issue

    Gambling's most taxing issue
    This Wednesday's planned opening of the half-billion-dollar Maryland Live! Casino at Arundel Mills marks a red-letter day in Maryland gaming history. The scale of the enormous, 330,000-square-foot facility is stunning: It will eventually house 4,750...
  • Complaint about Maryland taxes fails to consider effect of the alternative minimum tax

    In his op-ed "Annapolis dines at federal expense" (June 13) Sean Kennedy wrote: "The more Maryland taxes federal employees, the less money Uncle Sam can ask from them in taxes." I have issues with this on several points. First, this applies to all...
  • Income tax rate rising for state's high-earners

    High-earners in Maryland will feel a financial pinch as employers start withholding more money from paychecks to accommodate the higher income tax rates approved by the General Assembly in May and signed into law by Gov.Martin O'Malley. The tax...
  • Maryland slots: How the House wins

    Maryland slots: How the House wins
    The Taxpayers Protection Alliance, a Virginia-based nonprofit that advocates nationally for lower taxes and smaller government, has been running radio ads in the Baltimore area with a simple message: Don't give gaming companies a big tax break. That...