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.
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.
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.
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
66% of Marylanders would see tax cuts under Gov. Moore's proposed 2026 budget
Moore talked about his proposed 2026 budget, how the state plans to trim its $2.7 billion deficit, and major tax cuts during a one-on-one interview with WJZ's.
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. Moore’s proposed budget features tax reform and massive cuts
Moore said the brunt of the tax increases will be shouldered by Marylanders with a household income north of $700,000 a year. In 2023, more than 18% of Maryland households were estimated to earn $200,
$111 million would be cut from Maryland University System under Gov. Moore's proposed budget
Maryland Gov. Wes Moore's proposed 2026 budget would cut $111 million in state funding from the University System of Maryland, according to The Banner.
'None of this is easy': Gov. Wes Moore's Maryland tax plan and more, by the numbers
None of these things are easy. All of them are necessary,” Maryland Gov. Wes aMoore said in a news conference unveiling his plan.
Governor’s budget proposal to include tax cuts and ‘growth agenda’ spending
Gov. Wes Moore (D) said Tuesday he will avoid tax increases and massive budget cuts and instead focus on growing the state's economy to solve the worst budget problem in more than two decades.
Moore launches sales job on his budget and politically dicey tax hikes
Without selling the tax increases that the governor unveiled in his $67 billion budget proposal on Wednesday, Moore faces making even deeper cuts to balance the state’s finances.
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 ...
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 ...