Baltimore's Fee and Switch
When’s a tax cut not a tax cut? Baltimore City residents will still be shelling out the same amount of money, if not more, under Mayor Stephanie Rawlings Blake’s new budget. Though the City’s property tax rate is cut by 2 cents, residents will have to pay the “rain tax” and they will see their water bills go up by 15%.
For Baltimoreans these tax hikes will completely wipe out any property tax relief. Baltimore City is home to Maryland’s highest local property tax burden of $2.24 per $100 of assessed home value.
The impact of these tax hikes on families and businesses don’t account for the looming toll and gas tax hikes which go into effect on July 1st. City residents also could be hit with a plastic bag tax.
Mayor Blake’s budget also grasps for new revenue by levying a .25 cent tax for taxi rides and a billboard tax.
When will this dependance on tax hikes stop?