The Maryland Budget & Tax Policy Institute was a nonprofit organization focused on economic and tax policy issues in Maryland. It previously provided analysis on budget priorities, tax fairness, and economic opportunities for Maryland residents. The program is no longer active, but historical information about its work is provided below.
It provided information to residents about budget and tax issues. The center analyzed pressing budget needs, tax policies, and economic decisions affecting the local community while working to expand economic opportunities.
The institute tracked economic data, analyzed state policies regarding poverty, workforce development, economic budgeting, and opportunities available to the community. It also studied how proposed changes could either inhibit or expand access to economic opportunities, leading to the development of strategies that supported Maryland’s economy.
Past Focus: The Budget
The Maryland Budget & Tax Policy Institute conducted analysis on key spending proposals of the state to determine their impact on Maryland’s economy, families, and communities. The organization examined how state investments in public infrastructure, education, and social services influenced economic growth.
Past Focus: Tax Policy
Tax revenue was an important resource for public investment and prosperous communities. The institute assessed Maryland’s state tax policies to determine whether they provided stable and fair revenue generation.
Maryland faced various budget challenges, and the institute researched ways to address revenue shortfalls while ensuring that tax policies were equitable and effective.
Past Focus: Economic Research
The Maryland Budget & Tax Policy Institute analyzed economic trends and tracked data to develop policy recommendations aimed at fostering economic opportunity. It examined issues such as workforce development, poverty, and investment strategies that could benefit the state’s residents.
Goals of the Former Institute
The Maryland Budget & Tax Policy Institute aimed to:
- Educate policymakers and the public about the impact of state and federal policies on low-income communities.
- Analyze Maryland’s public programs and tax structures to assess their effectiveness in promoting economic growth.
- Research and propose policy alternatives to improve the financial stability of low-income Marylanders.
- Advocate for a fair tax system that balanced the needs of the state with the ability of residents to contribute equitably.
- Identify inequities in the tax system and recommend strategies to correct them.
- Study Maryland’s demographics and provide statistics that could inform future policy planning.
The program played a role in Maryland’s policy discussions, but it is no longer active. Its past work contributed to broader conversations about tax fairness and economic opportunity in the state.
