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'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.
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. 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,
Moore announces tax increases for the wealthy to close budget gap
Moore has also pledged making $2 billion in cuts to help close a $3 billion budget gap, targeting some spending on climate initiatives and government inefficiency.
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.
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.
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.
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.
18h
on MSN
Gov. Wes Moore has about $5M in the bank for reelection. Here are some top donors.
Gov. Wes Moore enters the reelection cycle with a solid head start. His top donors include the Exelon CEO, Jerry Seinfeld’s ...
19h
Celebrities help stuff Moore’s $4 million war chest
Gov. Wes Moore (D), who stumped across the country for Democratic candidates up and down the ballot in 2024, raised almost $4 ...
2d
on MSN
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 ...
6h
on MSN
From ‘fortunate’ to fiscal crisis? Wes Moore, Larry Hogan spar over Maryland’s budget deficit
The battle to solve Maryland’s $3 billion budget deficit has prompted a debate between the state’s two most recent leaders, ...
Afro
6h
Gov. Wes Moore reveals economic growth agenda for 2025
Gov. Wes Moore unveils $750M investment in economic growth, including $128.5M for targeted industries. Aims to create jobs and boost economic activity.
18h
Maryland is going to ‘lead the charge’ on balanced budgets: Gov. Moore | CUOMO
Governor Wes Moore says two-thirds of the people of Maryland, or 82%, will be getting a tax cut soon. Moore joins “CUOMO” to ...
1d
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 ...
Capital Gazette
2d
Wes Moore outlines changes to Blueprint, cuts to public universities amid funding crisis
Gov. Wes Moore announced his proposed budget for FY 2026 Wednesday, where he and his budget secretary explained how the state ...
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