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Gov. Wes Moore is about to pitch tax cuts and increases for the first time. Here’s what we know.
Maryland’s wealthiest earners would pay more in state taxes, while corporations and other workers would get a tax cut under a budget plan Gov. Wes Moore will introduce Wednesday — marking the first time the Democrat has thrown his political weight behind policies that could directly impact most Marylanders’ pocketbooks.
Tax cuts, increases part of Moore’s ‘growth agenda’
Gov. Wes Moore Wednesday proposed a budget he said will promote long-term economic growth and provide tax cuts to many, but it will be balanced on tax increases on high-income earners in the state.
Gov. Moore proposes tax cuts for some Marylanders, hikes for highest earners
Governor Wes Moore says 82% of Marylanders will see a cut or no change in their taxes, while the richest 18% will see increases. He did not say how much that increase will be.
Gov. Wes Moore’s budget: Tax overhaul includes cuts and increases for Marylanders
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.
Maryland Gov. Wes Moore discusses investments, legislative priorities ahead of budget presentation
Maryland Gov. Wes Moore announced significant investments and his legislative priorities for this year ahead of Wednesday’s budget presentation. One of those legislative priorities is making Maryland’
Moore balances budget with tax increases, education and healthcare expense cuts
One of Moore's four key pillars is revising the state's tax plan. "This tax system makes no sense in the state of Maryland," said Moore. Under the new plan, the majority of Marylanders, 82% of them, will see cuts or no change. The top 18% will see tax increases.
Will Budget Problems Drive Down Wes Moore’s Popularity?
Maryland’s Democratic governor has quickly gained a national profile and enjoys strong support at home. But a $3 billion budget shortfall is going to force him to make some unpopular choices.
Gov. Wes Moore reveals plan for budget cuts, tax changes in Maryland
Moore has said the state will face difficult choices in handling its worst financial crisis in 20 years, leading to shortfalls that could reach nearly $6 billion by 2030.
Maryland Gov. Moore Includes Income Tax Increases for Wealthy Residents to Help Address $3B Deficit
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 professor explains economic benefits with tax cuts
Most Marylanders could get a small tax relief if Gov. Wes Moore's proposed fiscal year 2026 budget is passed by the General Assembly.
Moore drops hints on budget, tax changes
On the eve of the release of his 2026 state budget proposal, Maryland Gov. Wes Moore dropped a few hints about how he'll close an almost $3 billion budget shortfall that could include tax changes. Speaking Tuesday in College Park,
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on MSN
Gov. Wes Moore pushing new vehicle fees, increases to reverse some transportation cuts
Gov. Wes Moore’s administration will introduce a series of vehicle-related fees, including a new 75-cent fee on online retail ...
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Gov. Moore on Working With Trump: "I'm Not The Leader Of The Resistance, I'm The Governor Of Maryland"
Gov. Wes Moore (D-MD) joined CNN's Jake Tapper on Tuesday and discussed how he plans to work alongside President-elect Donald ...
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on MSN
SUN: Gov. Wes Moore: Now’s the time to fix our fiscal crisis | GUEST COMMENTARY
I will release my proposal to balance the state budget. For the third year in a row, we will not raise the sales tax or the ...
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Gov. Wes Moore: Now's the time to fix our fiscal crisis
The first storm is a fiscal crisis nearly a decade in the making. Under the former administration, state spending increased ...
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