Governor Moore Releases Moore-Miller Administration FY 2026 …
3 days ago · The $67.3 billion plan is driven by four principles: growing our economy, strengthening Maryland’s labor force, modernizing government, and fixing what’s broken in our tax system. The proposal accomplishes these goals without raising the sales or property tax, and provides a tax cut to nearly two-thirds of Marylanders.
66% of Marylanders would see tax cuts under Gov. Moore's
3 days ago · Maryland Gov. Wes Moore highlights budget, including tax cuts 02:57. BALTIMORE -- Gov. Wes Moore said his FY2026 budget will bring major tax cuts to 66% of Marylanders while increasing tax rates ...
Gov. Wes Moore reveals plan for budget cuts, tax changes in Maryland …
Moore’s proposed overhaul of the tax code would result in lower bills for 60 percent of Maryland taxpayers, no change for 22 percent and a tax hike for 18 percent — the increases are largely ...
Maryland budget plan for 2026 includes tax changes - WBAL-TV …
3 days ago · The plan would cut corporate tax rates by 0.25%, and the governor is also embracing closing a corporate loophole by instituting combined tax reporting.Maryland transportation revenuesTo pay for ...
Tax cuts, increases part of Moore’s ‘growth agenda’
3 days ago · Gov. Wes Moore (D) discusses his fiscal 2026 budget, which would give tax cuts to two-thirds of Maryland taxpayers but significant increases for those making $500,000 or more. (Photo by Danielle Brown/Maryland Matters) Maryland has not touched the sales tax since it was raised from 5% to 6% in 2008, ...
Gov. Moore’s proposed budget features tax reform and massive cuts
2 days ago · By Emma Tufo and Jack Bowman. ANNAPOLIS – Gov. Wes Moore proposed a budget Wednesday that would raise income taxes for Maryland’s highest earners and advance a broader plan he calls his “growth agenda” for the state. Administration officials say that Moore’s budget plan is balanced and over time would reduce the state’s structural $3 billion deficit, in …
Governor's budget proposal to include tax cuts and 'growth …
5 days ago · Maryland faces a $3 billion budget gap for fiscal 2026. That’s on top of a $300 million shortfall in the current year. In five years, legislative analysts project a structural deficit exceeding $6 billion for the state government. ... Moore said his budget proposal would include tax cuts for about two-thirds of all Marylanders, and no sales ...
Maryland Gov. Moore includes income tax increases for wealthy …
3 days ago · Maryland Gov. Wes Moore has included higher income tax rates for taxpayers who make more than $500,000 in his budget plan, as well as about $2 billion in budget cuts to address a $3 billion deficit.
Maryland Gov. Moore outlines legislative priorities, 2026 budget ...
4 days ago · BALTIMORE -- Maryland Gov. Wes Moore is proposing that two-thirds of Marylanders will receive a tax cut as the state faces a $2.7 billion budget deficit, its largest in 20 years. The governor is ...
Gov. Moore proposes tax cuts for some, hikes for others - WMAR …
4 days ago · The plan will actually cut taxes for some while others are asked to pay more. According to his estimate, the lowest 82% of earners will see cuts or no changes. Looking at economic data for Maryland, people making roughly $175,000 or more a year will see higher tax bills, though we will find out the exact cut off Wednesday.