Business news with words approved+hike+tax. 3 news.

Edmonton's mayor is looking for ways to save money after council approved a property tax increase of 7.5 per cent this week.

Anyone trying to sell a house in Montgomery County will have to disclose the likely increase in property taxes that will occur once the property changes hands, under legislation unanimously approved yesterday by the County Council.

A sharply divided Maryland Senate approved a $1.4 billion annual tax increase yesterday, the largest component of a plan to close a gaping state budget shortfall that Gov. Martin O'Malley is pushing lawmakers to adopt in a special legislative session now two weeks old.