# Montgomery County Tax Credit Eliminated | Annapolis News

Page: https://stenobird.com/podcast/annapolis-news-today-2-min-news-the-daily-news-now-7681562/montgomery-county-tax-credit-eliminated-annapolis-news
Text version: https://stenobird.com/podcast/annapolis-news-today-2-min-news-the-daily-news-now-7681562/montgomery-county-tax-credit-eliminated-annapolis-news.md
Podcast: [Annapolis News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/annapolis-news-today-2-min-news-the-daily-news-now-7681562)
Published: 2026-07-27T20:36:20+00:00
Episode link: https://sources.thednn.ai/cb156cd77d09556d
Audio file: https://api.fastcast.ai/audio/eea85c13-70f3-4360-8b75-710c30d812ef.mp3
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Duration seconds: 97

## Resource

Montgomery County homeowners are reeling as the county council axed the universal Income Tax Offset Credit, wiping $692 off every property tax bill — a move that’s now fueling outrage and financial strain. With property taxes already climbing and the credit gone, seniors like one woman whose bill spiked by $2,300 are scrambling — money she’d saved for assisted living now vanishes into taxes she feels don’t reflect her values. Even county executive Marc Elrich called it a tax hike, arguing the one-size-fits-all cut harms everyone, from condo owners to billionaires, and he’s pushing for state-level flexibility. The move is part of a desperate bid to close a $150 million budget gap, already forcing school cuts of 400 jobs. While the credit’s gone for now, with housing costs soaring, residents fear this is just the beginning of a painful tax future. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/cb156cd77d09556d

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