Gov. Wes Moore’s tax reform plan that would raise hundreds of millions of dollars more from Maryland’s wealthiest earners does not go far enough to offset potentially “devastating” cuts to education,
Gov. Wes Moore’s new budget proposal would raise taxes on Maryland’s wealthiest residents by adding two new tax brackets at income thresholds the state previously did not account for — a plan that some Republicans worry could backfire.
As he grapples with a nearly $3 billion budget deficit, Gov. Wes Moore has proposed education cuts that would heavily impact schools receiving poverty grants and pause annual funding increases in
Maryland’s state minimum wage could be on the way up once again. Lawmakers have a plan Thursday to not only increase the minimum wage but also make tips tax-free.
Balancing a $3 billion budget deficit on the backs of Maryland’s highest earners, Governor Wes Moore claims while the rich will pay, the rest will save. In his
Gov. Wes Moore is entering the two-year period leading up to his reelection bid with nearly $5 million in campaign cash after stepping up his fundraising efforts in 2024, which also included raising millions for other Democratic candidates,
Maryland state Republican legislative leaders are taking issue with some pieces of Gov. Wes Moore's 2026 budget proposal. Concerns include changes to Maryland's tax bracket. Under the governor's proposal,
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.
None of these things are easy. All of them are necessary,” Maryland Gov. Wes aMoore said in a news conference unveiling his plan.
Gov. Moore is aiming to produce $50 million in savings for the state in the current fiscal year. And that's on top of his plan for $2 billion in cuts.
Maryland Governor Wes Moore is expected to share his FY2025 budget proposal and legislative priorities as the state faces a $2.7 billion deficit, the largest in 20 years.