Businesses in Maryland may be able to take advantage of several tax credits. This publication includes brief summaries of each of the tax credits for which businesses in Maryland may be eligible. Some of these credits may have additional requirements, carryover provisions or recapture provisions that are not included in this publication.
You should always contact the appropriate agency to ensure that you meet all requirements. Tax credit-specific agency contacts are listed in the overview page for each of the tax credits.
Financial markets are susceptible to periods of market breakdown. Such periods are often preceded by bad news about fundamentals and involve: a large decrease in trade volume and market prices that diverge from fundamentals. In this paper, we propose a mechanism to help understand such phenomenon.
All economists agree that more information is better than less. When people are better informed, they make better decisions, enhancing the efficiency of the economy in allocating resources and improving overall welfare. It would be difficult to find an area of economic life where this line of argument has carried more weight than it has in central banking circles in recent years.
The job of central bankers is to conduct monetary policy in order to promote price stability, stable growth, and a stable financial system. They do this in an environment fraught with unavoidable uncertainties. But in conducting policy, there is one uncertainty that policy makers can reduce: the uncertainty they themselves create. Everyone agrees that monetary policy makers should do their best to minimize the noise their actions add to the environment. The essence of good, transparent policy is that the economy and the markets respond to the data, not to the policy makers.
