Another O’Malley Boondoggle
The Maryland Public Policy Institute and the Maryland Tax Education Foundation released a new report on the State Center project in Baltimore: State Center, Phase I: The $127 Million Taxpayer Handout
The study finds that when factoring in all the tax credits, TIF bonds and loans we’re shelling out $127 million just for the first phase of State Center. The study estimates the total project to cost $1.5 billion.
More proof that public-private partnerships in this “One Maryland” means private interests gain at the public’s expense.