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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 78-88
  • 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...
  • Fix the inequities of the homestead property tax credit

    As a lifelong resident of Baltimore City, I purchased a shell in Upper Fells Point in 1985 for $12,000 and borrowed $40,000 to restore it. I am a union bricklayer, so I also contributed hundreds of hours of uncompensated labor toward the restoration of my...
  • Aberdeen doesn't need green building tax break

    On May 23, the City Council of Aberdeen passed a budget that increased spending over last year and while cutting property taxes, raised our water and sewer rates. At this meeting, Mayor Michael Bennett said that he chooses not to use the constant yield,...
  • Ethanol subsidy: Senate rejects bill to kill the $6 billion program

    The following comes from the Tribune Co.'s Washington, D.C., bureau... The Senate rejected a proposal Tuesday to do away with annual ethanol subsidies in a vote that was closely watched for clues about the willingness of Republicans to take on tax breaks...
  • Chesapeake Bay Candle opens first U.S. plant in Glen Burnie

    Chesapeake Bay Candle opens first U.S. plant in Glen Burnie
    It's called Chesapeake Bay Candle. But for 17 years, all the products in the signature line of Annapolis-born and Rockville-based Pacific Trade International were made by cheaper labor in Asia. On Tuesday, the brand celebrates a sort of homecoming: the...
  • Wiggle room in Motorola Mobility's state tax break

    Wiggle room in Motorola Mobility's state tax break
    The fine print in a contract between Illinois and Motorola Mobility indicates that the smartphone company can maintain a smaller workforce than the one it employs today  and still qualify for more than $110 million in financial incentives designed to keep...
  • How Illinois' 2011 tax incentive contracts stack up

    So far this year, 27 companies have negotiated deals to retain or create jobs in Illinois. Those companies will receive more than $230 million in incentives over the next decade, mainly through the state's Economic Development for a Growing Economy tax...
  • Watson supports tax break for Columbia pools

    County Councilwoman Courtney Watson said at a public hearing Monday night that she would support including the Columbia Association's 26 swimming pools in her bill to forgive local property taxes for six private, nonprofit Howard swim clubs — if...
  • Not all swim clubs merit county property tax exemption

    When deciding whether or not to extend a 100 percent property tax credit to six nonprofit pools council members must consider the nature of some county swim clubs. Granting a tax credit simply because certain pools are considered nonprofits that serve the...
  • Free tax preparation, plus a lot more

    Free tax preparation, plus a lot more
    If you don't make a lot of money, the Baltimore CASH Campaign thinks you shouldn't be forking any of it over to get your tax returns prepared. The nonprofit group is heading into its 11th tax season, offering free help for low- and moderate-income area...
  • Quinn to propose tax credit for hiring veterans

    Quinn to propose tax credit for hiring veterans
    Democratic Gov. Pat Quinn on Wednesday will propose a tax credit for businesses that hire out-of-work veterans, according to an administration source briefed on the plan. Under the "Hiring Veterans Tax Credit," the tax break would apply to companies that...