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Economic & Fiscal Policy

The Maryland Public Policy Institute supports policies that make Maryland more competitive with other states, including returning to tax rates of 2006 before the legislature approved increases in sales, corporate and income taxes. Those increases make Maryland the fifth worst business tax climate in the country according to the Tax Foundation. Lower-tax states experience higher population and economic growth than high tax states like California, New Jersey and Maryland. We also believe state government must be able to identify a funding source for programs before enacting them and that the state can maximize revenue by supporting a friendly business climate with clear rules and consistent regulation.

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Boyd’s State Center column ignores report’s key findings Originally Published in the Daily Record By Gabriel J. Michael Published on Friday, August 12, 2011 Laslo Boyd’s Aug. 8 commentary criticizes a report released by the Maryland Public Policy Institute in early July that estimates the public subsidies associated with the State Center redevelopment project.
Maryland's State Center project is risky business Originally Published in the Washington Examiner By Barbara Hollingsworth Published on Tuesday, August 09, 2011 Would you pay higher-than-market rent in a city with a 22 percent commercial vacancy rate? Neither would I.  But that's what Maryland Gov. Martin Malley wants Maryland taxpayers to do -- after they've subsidized construction of the State Center project in midtown Baltimore to the tune of $127 million.
Maryland Public Policy Institute to Hold Candidate Forum on Baltimore City Property Taxes Clocking in at nearly twice the rate of the rest of the state, Baltimore’s taxes do harm to Charm City Published on Sunday, August 07, 2011 (ROCKVILLE, MD) - In a classic example of municipal insult meeting injury, Baltimore City bears the dual dubious distinctions of being the state's poorest city and having the highest property taxes. While there is bipartisan agreement that Baltimore's stratospheric tax rates have contributed mightily to the city's economic decline, consensus on methods of reform has proven elusive.
Third World lessons, applied to Baltimore Originally Published in the Baltimore Sun By Marta Hummel Mossburg Published on Tuesday, August 02, 2011 Marta Mossburg says African nations, unlike city leaders, understand the importance of private investment.
The Choice Ahead Originally Published in the Frederick News-Post By Marta Hummel Mossburg Published on Wednesday, July 27, 2011 Maryland is a state used to taking other people's money. It is a way of life here because of its proximity to Washington and the presence of so many federal agencies and contractors.
A Better Solution to Maryland’s Pension Problem? Originally Published in the Baltimore Sun By Thomas A. Firey Published on Tuesday, July 26, 2011 After much haggling, Maryland took a tentative step this spring toward strengthening its state employee pension system, which is estimated to be underfunded by at least $19 billion. By raising the amount state workers must pay toward their own pensions, cutting benefits for new employees and doubling their vesting period, and adding a more stringent requirement for the age and years of service required to receive full benefits, Maryland lawmakers expect to close about half of the pension deficit by 2023.
State Center project tests Maryland's will to support Baltimore Originally Published in the Baltimore Sun By Jay Hancock, Baltimore Sun Staff Published on Sunday, July 24, 2011 The battle over the State Center megaproject is widely seen as a conflict between developers. Downtown Baltimore landlords contend the midtown development will drain office tenants and spending from their harbor front.
Deep cut or small slices? Originally published in the Baltimore Sun By Julie Scharper | Sun Reporter Published on Saturday, July 23, 2011 Penn Wilbert and his wife, Amanda Ferchak, have lived in Southeast Baltimore for six years - riding bikes to the grocery store, playing kickball at Patterson Park and meeting friends for drinks at bars in Canton. But last month, when the young couple purchased their first home, they chose a house in Anne Arundel County. The reason, according to Wilbert, an information technology specialist, was lower crime, better schools and - most importantly, he said - lower property taxes.
State Center backers dismiss recent setbacks Originally published in the Baltimore Sun By Lorraine Mirabella | Sun Reporter Published on Saturday, July 23, 2011 A vision to create a 21st-century urban village in midtown Baltimore has faced more potential setbacks in the past month than perhaps at any time in the decade-long effort to transform State Center, the aging state government office complex along Preston Street, into a $1.5 billion mix of offices, homes, shops and plazas.
Reality Hurts Originally Published in the Frederick News-Post By Marta Hummel Mossburg Published on Wednesday, July 20, 2011 "Inconceivable" peppers the dialogue of the inimitable Vizzini in "The Princess Bride." The criminal buffoon repeats it each time his carefully laid plans are upended, prompting one of his fellow villains to tell him, "You keep using that word. I do not think it means what you think it means."
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