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Wes Moore, Maryland
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 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.
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.
1d
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, ...
4d
on MSN
Debate heats up over entitlement spending's role in Maryland's $3 billion budget shortfall
Gov. Wes Moore will unveil his proposal to close the state’s nearly $3 billion budget deficit, but depending on who you talk ...
3d
on MSN
Maryland braces for budget battle as Gov. Moore plans to unveil cuts
Governor Wes Moore promised his budget will have $2 billion in cuts, while the General Assembly will work to close the ...
2d
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 ...
3d
on MSN
Maryland's own Freedom Caucus launches as debate over government spending intensifies
As the budget battle just begins to heat up in Annapolis, the frigid temperatures outside didn’t stop a group of Republican ...
Maryland Matters
1d
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 ...
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