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Incentive Taxation Blog

Baltimore

Dr. Bill Peirce Advises: One Step Beyond

Steve Hanke and Stephen Walters have been writing on taxation and economic policy for years, with close analyses of what makes urban areas hit or miss. Theirlatest piecein the Wall Street Journal emphasizes why some cities are more stable than others: reasonable taxes.  Some might disagree that low property taxes are the driver of growth, although that helps.  Taxation on mobile forms of wealth, like incomes, commerce and sales hurt more.

Happily, respected Case Western economics professor

The law of unintended consequences. Again

Baltimore's property tax in need of a restructuring, not a quick fix 
Fells Point: Back from the Brink

The sad reality of any tax program meant to help working and middle-class homeowners is how quickly the original intent can be lost, and the reform program can actually lead to further iniquities. That is the case in the city of Baltimore Maryland wherethe Homestead Property Tax Creditacts as a tax cap that prevents increases in a property's value from adding to the tax bill the homeowner actually pays.