Who will rescue Baltimoreans from their tax nightmare?

The mayor’s race in Baltimore had one candidate who pledged to cut the city’s property tax rate to a competitive level and thus stem the flight of people and capital that cripples its economy and threatens its financial future. Before he dropped out of the race, Thiru Vignarajah said he planned to cut in half Baltimore’s confiscatory 2.248% tax rate on real property and its 5.62% annual tax on “personal property” (really, on business equipment, supplies, and inventory).