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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 89-99
  • 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...
  • 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...