Institute on Taxation and Economic Policy (ITEP)

Maryland

CNN Money: Just in Time for the Holiday, 8 States Raise Gas Taxes

July 2, 2013

(Original Post) POSTED BY RYAN HOLEYWELL | JULY 1, 2013 Drivers hitting the road for the Independence Day holiday will encounter higher gas taxes in eight states, according to data compiled by Citizens For Tax Justice. While the changes could frustrate drivers — if they notice the slight hikes — there’s a silver lining: many […]

Triangle Business Journal: N.C. gas tax rises to 37.6 cents a gallon

July 1, 2013

(Original Post)  Jul 1, 2013, 3:57pm EDT Logistics & Transportation Chris Bagley Staff Writer- Triangle Business Journal North Carolina increased its motor fuels tax to its second-highest level in history on Monday. The increase was small, just one-tenth of a cent per gallon, but the 37.6-cents-per-gallon level is second only to the 38.9 cents per […]

The Barre Montpelier Times Argus: Kids count

June 28, 2013

  June 28,2013 Once again Vermont finished high in the ranking of children’s well-being released earlier this week by the Annie E. Casey Foundation. The foundation’s Kids Count survey of the states measures children’s well-being in 16 categories relating to economic well-being, health, education and family and community. These include categories such as the number […]

The American Prospect: You’ve Got Sales Tax

May 6, 2013

(Original Post) Jeff Saginor May 6, 2013 The Marketplace Fairness Act, which would finally require online retailers to charge sales tax, is hitting the Senate floor this week. In 1984, CompuServe launched the first “Electronic Mall,” a Pleistocene-era Amazon with which owners of a TRS-80 personal computer could browse and buy goods over the Internet. […]

MSN News: Two-thirds of Americans oppose gas tax hikes

April 24, 2013

(Original Post) According to Gallup, Americans may object to increasing gas prices while the economy is still unstable. By Douglas Newcomb As state legislatures across the U.S. debate whether to raise gas taxes to repair crumbling roads, a new Gallup poll finds that two-thirds of Americans would vote against gas tax hikes in their home […]

The Motley Fool: The 7 States With the Lowest Gasoline Taxes

April 22, 2013

(Original Post) The price of gasoline is constantly on people’s minds. The prices you see on those gas-station signs everywhere you drive are tough enough to swallow, but what you may not know is the extent to which gas taxes contribute to those prices. The federal tax is $0.184 per gallon, and states add their […]

Southern Maryland Online: Business Owners Say They’ll Suffer with Higher Gas Taxes

April 2, 2013

(Original Post) Posted on March 31, 2013 By AMBER LARKINS ANNAPOLIS — Charlie Kidwell, who has owned FreeState Auto and Truck Service in Capitol Heights for nearly 25 years, said his business will be hurt by Gov. Martin O’Malley’s gas tax hike, which passed the Senate Friday. The Infrastructure Investment Act of 2013, which passed […]

Public News Service: Pump Prices Could Increase By Summer

March 21, 2013

(Original Post) March 21, 2013 ANNAPOLIS, Md. – Proposals to increase the gas tax in Maryland appear to be gaining steam. The House of Representatives is debating legislation this week that could increase the tax by nearly four cents a gallon by this summer. Tax policy analyst Carl Davis is with the Institute on Taxation […]

Reuters: Road funds on empty; more states weigh gasoline tax hikes

March 14, 2013

(Original Post) By Nanette Byrnes Thu Mar 14, 2013 11:50am EDT (Reuters) – Tight state budgets and jammed roadways this year are prompting some state governments to make one of the most politically unpopular moves imaginable: raising gasoline taxes. Because they hit everyone, gas taxes are widely disliked and rarely increased. But after decades of […]

The Star Democrat: Jacobs reports on busy session

March 13, 2013

(Original Post) Posted: Wednesday, March 13, 2013 12:41 pm By CRAIG O’DONNELL [email protected] ANNAPOLIS – When the week began, there was just one month left in the General Assembly session. On Monday, Del. Jay Jacobs, R-36-Kent, summed up the session. “Looking at what we have to deal with … it’s undoable, almost,” he said. “This […]

New York Times: The Alluring Myth of the Tax-Fleeing Millionaire

February 15, 2013

(Original Post) By JAMES B. STEWARTPublished: February 15, 2013 Last month, Vladimir V. Putin hugged his newly minted fellow Russian citizen, the actor Gerard Depardieu, posing for cameras at the Black Sea port of Sochi. “I adore your country,” Mr. Depardieu gushed — especially its 13 percent flat tax on personal income. Sochi may not […]

The Atlantic: Do D.C. Residents Pay More Taxes Than Their Neighbors?

February 7, 2013

(Original Post) Katherine Toran11:55 AM ET  I recently had a conversation with a friend who was moving and said she preferred to live in Maryland than in D.C. because D.C. residents pay higher taxes. She wasn’t the first local to tell me that. But is this claim true? It appears in this case, conventional wisdom […]

The Philadelphia Post: When it Comes to Taxes in Pennsylvania, It’s Good to be Rich

January 31, 2013

(Original Post) When everybody comes out to vote, (i.e. presidential elections) Pennsylvania’s a blue state. And at least in certain pockets, it behaves much like the northeastern liberal states the surround it, like New Jersey, Maryland, and New York. When it comes to taxation, however, it looks a lot more like Texas or Alabama. According […]

Politico: Ambitious governors dominate tax debate

January 23, 2013

(Original Post) By: Rachael BadeJanuary 22, 2013 04:41 PM EST Looking for the next big tax debate? Talk to a governor — preferably one with presidential ambitions. From Louisiana to New York, and Wisconsin to Massachusetts, some of the nation’s most prominent governors in both parties — more than a few of whom have grander […]

DC Fiscal Policy Institute: Raising Revenue by Creating a New Tax Bracket for Top Earners: A Progressive Approach to Addressing DC’s Budget Shortfall

January 14, 2013

A DC Councilmember has proposed raising the income tax rate on the District’s wealthiest residents as a way to generate money for next year’s budget. The idea has been met with some skepticism, including the belief that this will push the well-off to leave the city. Yet for several reasons, this bill should be taken […]

Real Clear Politics: Mystery of the Missing Millionaires

January 7, 2013

(PDF of the Original Post) By Froma Harrop A daffy Wall Street Journal editorial about the “vanishing millionaires” of Oregon lit a spark in a fairly humorless week. It offers the usual boilerplate about the rich fleeing to tax-friendlier provinces because their state raised taxes, but this time with a great visual: “One-quarter of the […]

Twin Cities Daily Planet: Top income tax bracket is part of a balanced approach to fix the deficit

January 4, 2013

(PDF of Original Post) BY SCOTT RUSSELL, MINNESOTA BUDGET BITES May 13, 2010 The Minnesota Legislature voted Monday to create a new tax bracket on high-income households as one small part of an overall budget fix. The new tax bracket and an early phaseout of federal tax cuts on high-income households would raise $434 million, […]

Stateline: Md. ‘millionaire’s tax’ debate is back

January 4, 2013

(PDF of Original Post) TUESDAY, NOVEMBER 24, 2009 By Stateline.org Staff Reports A headline in this morning’s Baltimore Sun — “Maryland lost nearly 30% of millionaires last year” — is sure to revive a debate over the higher tax rates that Free State legislators imposed on millionaires in 2008. At least eight other states this […]

Frederick News Post: Huntin’ millionaires

January 4, 2013

(PDF of Original Post) Elizabeth Marsh Cupino Originally published December 10, 2009 Set up a roadblock. Put out an APB. Maryland’s comptroller has reported that the number of millionaires in the state dropped by 30 percent in 2008 and that some wealthy residents might be trying to make a break for it. We can’t have […]

Washington Post: Fact-checking Rep. Kratovil’s claim on tax hike

January 4, 2013

(PDF of Original Post) Thursday, October 28, 2010: Fact Check If it seems counterintuitive that a candidate would be pushing for a big tax increase as a way of winning office this election year, it is — and, in Maryland’s 1st congressional district, it’s also counter to the truth. Ads launched by Rep. Frank M. […]

Huffington Post: The Millionaire Migration Myth: Don’t Fall for This Anti-Tax Scare Tactic

January 4, 2013

(Original Post) Posted: 03/31/11 09:21 PM ET Virtually every state in the country has a tax system that heavily favors the rich. Despite this fact, only a handful of states responded to the revenue slump brought on by the Great Recession with any sort of tax increase on this favored group. What gives? With so […]

Washington Post: Return of the Maryland Millionaire’s Tax?

January 4, 2013

(PDF of Original Post) Posted at 7:26 PM ET, 03/10/2011 By Aaron Davis Add the millionaire’s tax back into the mix of Maryland’s budget battle. A bill that would permanently return the state’s top-tier tax bracket to 6.25 percent received a hearing Thursday in front of the House Ways and Means Committee. The tax increase […]

Maryland Reporter: Progressive, nonprofits push for permanent “millionaires’ tax”

January 4, 2013

(PDF of Original Post) March 11, 2011 By Megan Poinski [email protected] Several tax watchdogs and policy analysts concerned about the state of Maryland’s economy and buoyed by a new report urged delegates to revisit a just-expired method of raising more money — extending the tax surcharge on millionaires. Enacted in 2008, the “millionaires’ tax” taxes […]

Change.org: D.C. Needs Fairer Taxes, Not More Safety Net Cuts

January 3, 2013

(PDF of Original Post) by Kathryn Baer November 18, 2010 12:56 PM (PT) Like state and local governments across the country, the District of Columbia is facing a budget shortfall. We’ve got a $175 million gap that’s got to be closed right now. And our total local budget (pdf) is only somewhat over $6.1 billion. […]

New Haven Advocate: Connecticut Can Still Raise Taxes on the Rich, Even if Washington Doesn’t

December 21, 2012

Original Post By Mark EnglerMay 24, 2011 In 2009, when then-New York Gov. David Paterson signed a temporary tax increase on the state’s wealthiest individuals — one of the so-called “millionaire’s taxes” that have passed in recent years in select states across the country — at least one multimillionaire was not happy. Rush Limbaugh proclaimed […]