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<title>Failure to Close Tax Loopholes Harms Maryland Businesses</title>
<link>http://www.marylandpirg.org/news-releases/tax-and-budget/tax-and-budget-news/failure-to-close-tax-loopholes-harms-maryland-businesses</link>
<description>Statement of Johanna Neumann, Policy Advocate for Maryland PIRG</description>
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<pubDate>Wed, 28 Nov 2007 08:22:01 -0600</pubDate>
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<title>Maryland Behind Many States in Disclosing Where Tax Dollars Go</title>
<link>http://www.marylandpirg.org/news-releases/tax-and-budget/tax-and-budget-news/maryland-behind-many-states-in-disclosing-where-tax-dollars-go</link>
<description>Contracts and</description>
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<pubDate>Fri, 16 Nov 2007 12:16:46 -0600</pubDate>
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<title>Business Leaders and Owners Call for Closing Tax Loopholes</title>
<link>http://www.marylandpirg.org/news-releases/tax-and-budget/tax-and-budget-news/business-leaders-and-owners-call-for-closing-tax-loopholes</link>
<description>Tax Reform Good for Business and the</description>
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<pubDate>Fri, 16 Nov 2007 12:16:06 -0600</pubDate>
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<title>States Closing Tax Loophole Comprise 55% of Economy</title>
<link>http://www.marylandpirg.org/news-releases/tax-and-budget/tax-and-budget-news/states-closing-tax-loophole-comprise-55-of-economy</link>
<description>Massachusetts becomes 24th state to modernize with combined reporting With Massachusetts Monday approving legislation to close corporate tax loopholes, a majority of the U.S. economy has now adopted a tax reform that was still considered controversial only a few years ago. &#x26;ldquo;Combined reporting,&#x26;rdquo; as the tax modernization is called, levels the playing field between businesses by preventing companies from using out-of-state subsidiaries to avoid paying their taxes. Five years ago less than 30% of the U.S. economy, represented by 16 states used combined reporting. Now including Massachusetts, over 55% of the economy will take place in states using combined reporting. Maryland lawmakers considered the proposal but failed to pass it in the 2007 special session.</description>
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<pubDate>Thu, 03 Jul 2008 08:59:35 -0500</pubDate>
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