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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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Money for nothing? Originally published in the Baltimore Sun By John J. Walters Published on Monday, July 26, 2010 The $787 billion federal stimulus package was supposed to create and save jobs to offset the impact of the "Great Recession." But first quarter 2010 data on the stimulus show that many companies in Maryland received staggering sums and yet created, by their own account, zero jobs in the state. The data also show thousands of grants awarded to state organizations, listing only their names and the amount of money they received.
Bond-rating delusions Originally published in the Frederick News-Post By Marta Hummel Mossburg Published on Wednesday, July 21, 2010 One of the first tenets of Alcoholics Anonymous is the need for addicts to recognize problem drinking. That allows them to stop and to begin the recovery process.Would that Maryland officials have reached that point in recognizing the state's spending problem. Instead, they celebrate, like last week when discredited credit ratings agencies reaffirmed the state's AAA rating, the highest possible. This will allow Maryland to borrow money cheaply and delay hard budget choices by sinking further into debt.
A 'living wage' bill Baltimore can't live with Originally published in the Baltimore Sun By Marta Hummel Mossburg Published on Monday, July 19, 2010 A new "living wage" will make Baltimore City no more livable than stilettos will make Sen. Barbara Mikulski a forward for the WNBA.
Kane says money not there for light rail Originally published in the Gazette By Sean R. Sedam | Staff Writer Published on Friday, July 16, 2010 Mary D. Kane has no qualms about backing former Gov. Robert L Ehrlich Jr. when it comes to the Purple Line.
Spending solution flawed Originally published in the Frederick News-Post By Marta Hummel Mossburg Published on Wednesday, July 14, 2010 The dean of the University of California, Berkeley, School of Law last week called for states to borrow from the Treasury during recessions.
Legislators need financial literacy Originally published in the Frederick News-Post By Marta Hummel Mossburg Published on Wednesday, July 07, 2010 Oklahoma Republican Sen. Tom Coburn recently told the hosts of MSNBC's "Morning Joe" that he did not know who the 23 percent of Americans were who trusted Congress, referring to a poll. I wonder what the numbers are for the Maryland General Assembly, whose members are incredibly adept at pushing tough decisions to future years and blaming others for their own poor choices.
Slots cost taxpayers Originally published in the Frederick News-Post By Marta Hummel Mossburg Published on Wednesday, June 23, 2010 Taxpayers are always told catastrophic things will happen if certain taxes or spending measures are not passed immediately.
Why do taxpayers subsidize millionaire athletes? Originally published in the Baltimore Sun By Marta Hummel Mossburg Published on Monday, June 21, 2010 Isn't it ironic that at the same time Baltimore Ravens players complain to their union of being worked too hard, taxpayers who financed their stadium don't have enough work?
Medicaid meltdown Originally published in the Frederick News-Post By Marta Hummel Mossburg Published on Wednesday, June 16, 2010 Way back in January when Maryland's legislative session started and the stimulus cash was still flowing, optimism fueled by federal handouts ran high.
Confusion in stimulus land Originally published in the Baltimore Sun By John J. Walters Published on Tuesday, June 15, 2010 Understanding the state and federal reports on the year-old American Recovery and Reinvestment Act is virtually impossible, despite the promise of "unprecedented levels of accountability and transparency" by President Barack Obama and Congress. Federal and state governments' efforts to inform the public often confuse, according to an analysis by the Maryland Public Policy Institute.
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