Property Tax Incentives for Business–Another Folly

A Worthy Report on Property Tax Incentives for Business The Lincoln Institute of Land Policy has issued an exceptionally valuable report on state and local misuse of property tax incentives for economic development. Its authors are Daphne A. Kenyon, Adam H. Langley, and Bethany P. Paquin. Ms Kenyon is well known as the principal author […]

Mismanaged Maryland

    Mismanaged Maryland Despite talk of reforms and budget cuts, Annapolis dabbles in excessive borrowing, noncompetitive projects and risky investments   By George Liebmann6:00 a.m. EDT, March 11, 2013   There is a sharp disconnect between the image and reality of the O’Malley administration’s fiscal policies. The image features pension reforms, reduced structural deficits, […]

Marylanders Get A Taste of Veto Democracy

      Marylanders get a taste of veto democracy Referendums allow voters to check Annapolis’ excesses               0   By George Liebmann 1:21 p.m. EDT, October 30, 2012   Marylanders will soon have an opportunity common in a country other than their own: the right to veto a legislature’s product. […]

Corporate Welfare, City Management

As the victors of the Great Stadium Debate of ’96 now find that the whopping $200 million set aside for a new Baltimore bowl will not even buy one they find attractive, advocates of small government must surely be suppressing a smile. Or at least they would be, had not so much taxpayer money gone […]

Public Funds into Private Pockets: How Corporate Welfare Offends the Constitution

Consider the following hypothetical situations: One, you are an honest, law-abiding, tax-paying citizen who has never had an interest in professional sports. Your state and local government representatives decide to incur debt and spend millions of dollars to persuade the wealthy owner of a professional sports team to locate in the city where you live. […]

Subsidies and Stadiums: Maryland’s Moment of Truth

Maryland’s so-far successful attempt to attract Art Modell’s Cleveland-based NFL franchise to Baltimore is a spectacular example of corporate welfare, regardless of Modell’s February 21 consent to contribute $24 million himself. The deal still involves involves a 30-year, no-rent lease on an estimated $200 million stadium to be built almost entirely at state expense, and […]