Baltimore may soon pay you $1,000 to have a baby
A new charter amendment could grant parents a one-time gift of at least $1,000 for a new child, either by birth or adoption. The Baltimore Baby Bonus Fund is intended to fight child poverty and improve the well-being of children and their families. If passed, every Baltimore City citizen would be eligible to receive the money. regardless of their income. Legal expert Yuripzy Morgan believes there could be some adverse effects to this program despite its positive intentions.
"It can be a good thing under certain circumstances, but I would also caution people," Morgan said. "You might be getting a $1,000 check, [but] there may also be tax consequences." More...
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