Maryland Eyes Tax Hike for Reparations Fund Boost, Terrence Howard…

Maryland lawmakers, led by Sen. Jill Carter, D-Baltimore City, are pushing for a significant shift in the state’s tax code to bolster the Community Reinvestment and Repair Fund, a move aimed at addressing historical injustices tied to cannabis prohibition and slavery. In a parallel development, actor Terrence Howard faces a nearly $1 million back tax bill, contesting it on the grounds that taxing descendants of slaves is ‘immoral.’ Advertisment Legislative Efforts for Economic Justice Sen. Jill Carter’s proposed Maryland Reparations Act of 2024 seeks to amend the state tax code, introducing an additional income tax rate on net capital gains to increase funding for the Community Reinvestment and Repair Fund. Established in 2023, this fund aims to support individuals and communities disproportionately affected by past cannabis prohibition laws. Carter’s initiative reflects a broader push towards reparative justice, with the fund already earmarked for initiatives aiding low-income groups and areas most impacted by enforcement disparities. Terrence Howard’s Tax Controversy Advertisment Amidst these legislative developments, Terrence Howard’s tax woes underscore the complex interplay between historical injustices and modern fiscal policies. Howard’s stance, challenging the morality of taxing descendants of slaves, adds a personal dimension to the debate on reparations and economic equity....