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Developers call for new regional entity to guide area’s growth
Real estate and academic leaders called Thursday for a new regional entity with the power to tax and guide decisions on how the Washington area should grow in the next 20 years.
The leaders spoke at an event to introduce the new 2030 Group, which consists of prominent developers. The group says it does not want to replace other government and industry groups devoted to regional cooperation, but that without a wider sphere of influence for business leaders who can fight the fragmentation of the District, Virginia and Maryland, Washington’s long-term economic prosperity will be threatened. They said the new organization should consist of local civic government and business leaders. Gansler said the group does not envision “replacing the governing structure” of Montgomery or Fairfax county or any other jurisdiction. But he acknowledged that local governments “will have to give up a little of their authority and a little of their resources” for a regional entity to succeed. To raise money to pay for new roads, public transit and other public works projects, higher sales taxes, real estate taxes or other business taxes could be necessary, he said.
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Withholding Requirements for Sales of Real Property by Nonresidents ... real property and associated tangible personal property in Maryland, you must make a tax withholding ...
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