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Maryland, Wes Moore
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.
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.
Maryland governor unveils $67.3B budget, aims to balance deficit with cuts, taxes
ANNAPOLIS, Md. (7News) — Maryland Governor Wes Moore released details of his $67.3 billion budget on Wednesday. It relies on $2 billion in cuts to state Government as well as nearly $1 billion in tax increases to close a nearly $3 billion budget deficit.
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.
Gov. Moore announces 2025 Maryland budget cuts
Maryland is facing a budget crisis and Gov. Wes Moore has said the state is going to have to slash spending and increase revenue to fix it.
Gov. Moore's Maryland Budget proposes $2 billion in cuts, taxes hikes for the wealthy
For several weeks, Moore has telegraphed the upcoming budget cuts and ‘revenue’ increases to solve the state’s $3 billion deficit. He has blamed the deficit on the previous administration's ‘overspending’ while not growing Maryland’s job base and economy.
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.
Maryland Gov. Wes Moore highlights budget, including tax cuts
First lady Jill Biden expressed her disappointment with former House Speaker Nancy Pelosi in a new interview with The Washington Post, providing rare public comments about the fractured relationship between her husband, Joe Biden, and Pelosi following the president’s departure from the 2024 race.
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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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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 ...
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'A good speech from a great man.' Gov. Wes Moore on Pres. Biden's legacy, farewell address
President Biden delivered his farewell address to the American people tonight. Maryland Governor Wes Moore joins The Eleventh ...
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