A report critical of loopholes that are "looting the treasury" in the
state of Maryland has been making the news, and it is co-authored by
a St. Lawrence graduate.
In a recent press conference, the group Progressive Maryland released
the report, titled "Looting The Treasury: The Best Loopholes Money Can
Buy In The Maryland State Tax Code," written by Matthew McCluskey '99
and Sean Dobson, a Progressive Maryland staff member. The report detailed
"52 tax breaks in the state's Tax Expenditure Report totaling at least
$421 million a year," according to The Washington Post, one of
the many news organizations that covered the press conference. Among
the "loopholes": tax breaks to ski resorts that manufacture snow and
individuals who re-sell expensive boats.
McCluskey is a teacher in Maryland, and earned his St. Lawrence degree
in government. Progressive Maryland is "an alliance of thousands of
working families strengthened by dozens of faith, community, and labor
organizations" that works "to pass laws for living wages, tenants' rights,
electoral reform, healthcare, voter registration, comprehensive afterschool
programs and public transportation."
"One person's corporate welfare is another's economic development incentive,"
noted the Post, adding that "the state's business community is
prepared to fight efforts to repeal corporate breaks."
For more information,
visit the Progressive Maryland Web site.
Posted: December 10, 2002