Walters: Baltimore’s unfair, oppressive tax system

The Sagamore Pendry hotel on Thames Street is fabulous — as you’d expect, since it is appraised for tax purposes at almost $42 million. But last year its owners, who are certainly among Baltimore’s one-percenters, paid less than $142,000 in taxes on that property thanks to a generous “special credit” of over $848,000. Meanwhile, on Pennsylvania Avenue in Sandtown-Winchester, an owner-occupied rowhome that is appraised at $65,100 paid property taxes (state and local) of $1,536.36. (Ballt Sun)

Read Full Article