Economics Professor Stephen Walters, Ph.D., discusses Baltimore Harbor Point development project with Citybizlist
August 28, 2013
Stephen Walters, Ph.D., professor of economics at the Sellinger School, discusses the city's decision to subsidize the Harbor Point development project in a Q&A with Citybizlist Baltimore. Walters says: "If you crunch the numbers, you’ll find that the up-front cash infusions in the form of TIFs, enterprise zone credits, and other subsidies generally cut the effective property tax rate on a city project just enough to be competitive with that in the counties." Read the entire interview here.