Baltimore Sun reports shift of mortgage tax to borrowers
The Baltimore Sun contends the eight per cent tax on mortgage income shifts to borrowers, noting a Frederick Savings Bank moving to six per cent and general increases to that rate. It cites Maryland mortgage rates on the Eastern Shore as six per cent and argues the assessment law is sound, praising local political appointee lists and the governor’s upcoming selections. It also notes events from Baltimore University Medical School, Col. Ingersoll’s pulpit address, Arbor Day observations, and GOP tariff stance, with local notices about river improvements and a rheumatism remedy anecdote.
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