US EditionMaryland lawmakers scale back proposed business services tax
- Maryland Gov. Wes Moore announced a new budget framework that includes tax increases and cuts to address a $3.3 billion deficit, stating, "We’re asking the wealthiest Marylanders to pay their fair share."
- The budget will impose a new 3% tax on information technology services to help modernize the state's tax code and balance the budget.
- House Speaker Adrienne Jones mentioned that low- and middle-income Marylanders can expect tax breaks from the budget changes.
- Senate President Bill Ferguson highlighted that the new capital gains tax will fund transportation and infrastructure improvements.
15 Articles
15 Articles
The Brunswick News
union-bulletin.comMaryland state Senate committee votes to keep some of Gov. Moore’s plans in Blueprint education bill
BALTIMORE — A state Senate committee voted Friday to stick to Maryland Gov. Wes Moore’s four-year pause on teacher collaborative time and maintain funding increases for community schools under the Blueprint for Maryland’s Future, diverging in policy from the House.…
The Politics Hour with Kojo Nnamdi: A House vote worth $1B to D.C., and Maryland's plan to close a shortfall
Maryland Gov. Wes Moore and the General Assembly agreed Thursday on a budget framework to raise $1 billion in new revenue. And District officials respond to the MPD being called in to assist in a DOGE raid.
Washington Top News
Maryland governor announces budget framework deal with taxes, cuts
ANNAPOLIS, Md. (AP) — Maryland Gov. Wes Moore announced an agreement on a state budget framework with the state’s Democratic leadership Thursday, criticizing President Donald Trump’s tariffs and dramatic downsizing of the federal government while announcing tax increases and cuts to address a $3.3 billion state deficit for the next fiscal year. The tax increases include a new 3% tax on information technology services, as well as a new income tax…
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