NEWS
By Los Angeles Times | February 7, 1993
WASHINGTON -- President Clinton said yesterday that his economic program would require courage and sacrifices to do "something no generation has ever had to do before."Laying groundwork for the spending cuts and tax increases he plans to announce Feb. 17 in his State of the Union address, Mr. Clinton said the greatest burden will be borne by the rich, whom he described as "those who got the most and gave the least during the past dozen years.""While most Americans paid higher taxes on lower real incomes, the privileged few paid lower taxes on much higher real incomes," Mr. Clinton said in a five-minute radio address, his first as president.
NEWS
By Hanah Cho and Hanah Cho,SUN STAFF | June 23, 2004
Carroll County officials are looking for ways to reduce the property tax burden on senior citizens. One possible solution is creating a program that would allow seniors and the disabled to defer tax bills until their houses are transferred or sold, the county comptroller told commissioners yesterday. Under state law, local governments have the authority to create a tax-deferral program for property owners who are older than 65 or disabled, have lived in their homes for at least five years and meet income requirements set by the county, said Comptroller Eugene Curfman.
NEWS
July 23, 2007
The Sun's article "State leaders look at Md. income taxes" (July 19) was a good start at engaging the attention of taxpayers in the discussion about how to address the state's $1.5 billion structural deficit. And, yes, Maryland's income tax could be made more progressive. But the role of business in carrying the tax burden also needs to be brought into the discussion. According to a February report from the Council on State Taxation comparing the tax burdens of business among the states for fiscal 2006, Maryland ranks No. 48 (tied with Oregon)
NEWS
By Larry Carson and Larry Carson,SUN STAFF | December 14, 2004
Although Howard residents have been hit with a big income tax increase and face skyrocketing property values, a budget office analysis shows their local tax bills are among the lowest in the region. Howard's local tax bill remains third-lowest among metropolitan subdivisions, just above Anne Arundel and Baltimore counties, despite an income tax increase last year that brought Howard's rate to the legal limit of 3.2 percent. "The question we were trying to answer is: If you are a Howard resident, what is your tax rate comparable to somebody else - if you picked them up and plopped them down in another place?"
NEWS
By Hanah Cho and Hanah Cho,SUN STAFF | June 23, 2004
Carroll County officials are looking for ways to reduce the property tax burden on senior citizens. One possible solution is creating a program that would allow seniors and the disabled to defer tax bills until their houses are transferred or sold, the county comptroller told commissioners yesterday. Under state law, local governments have the authority to create a tax-deferral program for property owners who are older than 65 or disabled, have lived in their homes for at least five years and meet income requirements set by the county, said Comptroller Eugene Curfman.
NEWS
By Brian Reardon | January 8, 2009
The Obama economic team's announcement this week that it wants more tax relief for small businesses is good news for the economy. Small business today is larger than big business - it earns more money and employs more people - and while Wall Street bailouts may be necessary to preserve capital and liquidity, they are also likely to raise the long-term tax burden of Main Street. If this happens, we will be hurting the very businesses that we need to pull us out of the recession. The predominance of small business in the American economy didn't happen by accident.