Gov. Wes Moore announces $2B in cuts, tax hikes as Maryland …
3 days ago · The state of Maryland is facing a $3 billion budget shortfall. Gov. Wes Moore has announced significant budget cuts and has said he will hike taxes on the wealthiest residents to increase revenue. By law, Maryland must have a balanced budget and the General Assembly has until April 7 to pass this ...
Governor Moore Releases Moore-Miller Administration FY 2026 …
3 days ago · ANNAPOLIS, MD — Governor Wes Moore today released the Moore-Miller administration’s FY 2026 budget proposal. 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. ... Giving a tax cut to nearly two-thirds of ...
Gov. Wes Moore reveals plan for budget cuts, tax changes in …
Maryland Gov. Wes Moore (D) on Wednesday revealed his plan to balance the state budget in the face of a $3 billion deficit, detailing wide-reaching cuts that would affect some vulnerable ...
What They Are Saying: Governor Wes Moore Announces Moore …
2 days ago · The proposal accomplishes these goals without raising the sales or property tax, and provides a tax cut to nearly two-thirds of Marylanders. The Governor’s FY 2026 budget proposal reduces the structural deficit by $2.25 billion for FY 2026, maintains a Rainy Day Fund balance of 8.0%, and flips the projected cash shortfall of $2.95 billion to ...
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. ... Moore said nearly two-thirds of state residents would receive a tax cut, with relief targeted to low- and middle-income Marylanders, and 82% ...
What They Are Saying: Governor Wes Moore Announces Moore …
1 day ago · ANNAPOLIS, MD — Governor Wes Moore this week released the Moore-Miller Administration’s FY 2026 budget proposal. 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. ... and provides a tax cut to nearly two ...
66% of Marylanders would see tax cuts under Gov. Moore's
3 days ago · BALTIMORE -- Gov. Wes Moore said his FY2026 budget will bring major tax cuts to 66% of Marylanders while increasing tax rates for the state's highest earners. The plan, part of a broader budget ...
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.
Gov. Moore proposes tax cuts for some, hikes for others - WMAR …
4 days ago · Governor Wes Moore announced new details on his tax plan for the 2026 fiscal year. "We're going to introduce a new package that for two thirds of all Marylanders, they're about to get a tax cut," said Governor Moore to a group of reporters. The plan will actually cut taxes for some while others are asked to pay more.
Gov. Wes Moore’s budget: Tax overhaul includes cuts and …
3 days ago · BALTIMORE — An overhaul of Maryland’s personal income taxes would give two-thirds of filers an average tax cut of about $173 while raising hundreds of millions of dollars more from those making more than $500,000 under a budget plan proposed Wednesday by Gov. Wes Moore. The shift is aimed at filling a massive state budget deficit and making higher earners pay a closer portion of their ...
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