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Tax Credits

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

Top Tax Credits Articles

Displaying items 56-66
  • City councilman presses for property-tax overhaul

    City councilman presses for property-tax overhaul
    Along with some of his neighbors, the chairman of the Baltimore City Council's taxation committee is getting a remarkable tax break on his home: He pays just 16 percent of the bill. The Homestead Property Tax Credit picks up the rest. But instead of...
  • Council to vote on gender identity bill, LEED tax credits

    Gender identity will likely fall under discrimination protections in Howard County, joining race, religion and sexual orientation, after a vote by the County Council on Monday. Four of the five council members introduced the measure last month, which...
  • Tax breaks for Broadway shows in new Illinois legislation

    As part of a broader package of tax benefits aimed at helping businesses in Illinois, incentives for long-running Broadway shows passed the Illinois Senate today and on their way to the desk of Governor Pat Quinn. The so-called Live Theatre Production...
  • Baltimore homestead tax credits: Gross inequality

    Baltimore homestead tax credits: Gross inequality
    A homeowner should not pay more in property taxes than his two neighbors put together for their nearly identical homes. But that's exactly what Sun reporters Scott Calvert and Jamie Smith Hopkins found in a comprehensive and unprecedented review of...
  • Key state lawmaker calls for property tax cap overhaul

    Key state lawmaker calls for property tax cap overhaul
    A state lawmaker who helps set tax policy is calling for an overhaul of Maryland's property tax cap law, after a Baltimore Sun investigation documented how the costly program has resulted in homeowners across Baltimore paying vastly different amounts...
  • Replace the Homestead Property Tax Credit with a state-wide flat tax

    Your article "Distorted discount" (Dec. 18) suggests getting rid of the homestead property tax credit. Eliminating the property tax credit could reduce Baltimore City's property tax rate by 13 percent and provide the uniform taxation of all property...
  • Homestead property tax credit is unfair

    Kudos to Jamie Smith Hopkins and Scott Calvert for their excellent investigative report on Homestead Property Tax Credit ("Distorted discount," Dec. 18). I always thought I was paying much more taxes than my neighbors. I went online, and saw for myself....
  • Loss of tax breaks means hefty bills for homeowners

    Eugene Schoene maxed out a credit card, drained his checking account and borrowed money from a relative. It was the only way, he says, to pay an unexpected property tax bill of gigantic proportions. His tab from the city Bureau of Treasury Management's...
  • Homestead tax credit does its job

    I must congratulate your reporters for their investigative report on property taxes that recently appeared in The Sun ("Distorted discount," Dec. 18). The fact that the reporters uncovered instances where multiple Homestead tax credits have been taken is...
  • Advocates, lawmakers plan fight to restore commuter tax break

    Advocates, lawmakers plan fight to restore commuter tax break
    Commuter advocates and Maryland lawmakers say they will fight to renew an expiring tax credit that benefits mass-transit users, including MARC riders. Current federal law allows commuters to withhold up to $230 in pre-tax income each month that can be...
  • Maryland's Homestead Property Tax Credit needs revision

    Your article "Distorted discount" (Dec. 18) made a good case for a full legislative review and revision of the Maryland Homestead Property Tax Credit. It would be hard to imagine a more Byzantine, distorted, unfair and unenforceable system of taxation. A...