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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.
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 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,
8h
on MSN
Republicans may try budget math that doesn’t count Trump tax cuts
Extending the tax law that’s set to expire would add $4.6 trillion to the national debt — so some GOP lawmakers want to ...
12h
IRS announces date it will start accepting 2024 tax returns: See when
WASHINGTON -- The Internal Revenue Service will begin accepting tax returns for tax year 2024 on Monday, Jan. 27, the IRS ...
6h
on MSN
Bond Market Sends Warning to Trump and Republicans on Tax Plans
It’s not 2017 anymore. As Republicans retake full control of the government and weigh taking on more debt, they face a much ...
2d
on MSN
Major push to protect, renew Trump tax cuts launched by powerful conservative group
A top fiscally conservative political advocacy group is launching a $20 million campaign to urge Congress "to protect ...
12h
Jeffrey Epstein’s Associates Could Reap Benefit of a Big Tax Refund
The estate’s assets have swelled to $145 million, a probate court filing in the U.S. Virgin Islands shows. Much of that won’t ...
8h
California pushes back tax deadline for L.A. County residents after wildfires
People and businesses affected by the devastating wildfires in Los Angeles will qualify for state disaster tax relief, the ...
1d
IRS announces start of 2025 tax filing season
The IRS has officially announced the beginning of the 2025 tax filing season: The agency will begin accepting 2024 federal ...
9h
Americans affected by California wildfire get IRS tax relief. Here's what that means.
Americans affected by California wildfires will get tax filing extensions and other tax relief from the IRS. Here's what to ...
16h
Bradford residents on possible 15% council tax increase
Council calculations say that if the local tax went up by the 9.99% figure it would mean an annual increase of £113.34 or ...
8h
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 ...
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