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Jan 16, 2025 · Maryland’s budget deficit looms large as the major issue of the 2025 Legislative Session, and rightly so. While the members of the Joint Republican Caucus are ready to offer solutions to our budget challenges and fight back against tax and fee increases, this will not be our sole focus this session.
News Archives - MarylandReporter.com
Jan 15, 2025 · Maryland’s budget deficit looms large as the major issue of the 2025 Legislative Session, and rightly so. While the members of the Joint Republican Caucus are ready to offer solutions to our budget challenges and fight back against tax and fee increases, this will not be our sole focus this session.
Maryland taxes, regulation put brakes on economic growth
2 days ago · Higher taxes for higher incomes. So when Gov. Wes Moore announced that he was backing an increase in the state income tax for people making over $500,000 and an extra 1% on capital gains from the sale of stocks and property like real estate, that move ran counter to his goal of boosting Maryland’s lagging economic growth.
Gov. Moore’s proposed budget features tax reform and massive cuts
Jan 16, 2025 · By Emma Tufo and Jack Bowman. ANNAPOLIS – Gov. Wes Moore proposed a budget Wednesday that would raise income taxes for Maryland’s highest earners and advance a broader plan he calls his “growth agenda” for the state. Administration officials say that Moore’s budget plan is balanced and over time would reduce the state’s structural $3 billion deficit, in …
State Roundup Archives - MarylandReporter.com
Jan 10, 2025 · Maryland’s three new House reps, one new senator sworn in to Congress; Sen. Alsobrooks helps Black Caucus make history; state’s budget deficit isn’t lawmakers’ only concern ...
State Roundup: Moore proposes income tax hike for state's …
Jan 15, 2025 · TO CLOSE BUDGET GAP, MOORE PROPOSES TAKE HIKE FOR STATE’s WEALTHIEST: Gov. Wes Moore (D) on Tuesday announced a plan to raise income tax rates for the state’s wealthiest residents, money that would help close a looming $3 billion budget deficit and fund public taxpayer investment in private industries …
State Roundup: Moore's wish to beef up state workforce runs up …
Jan 14, 2025 · WILL STATE BUDGET CUTS HARM ATTEMPTS TO REINVIGORATE STATE WORKFORCE? While Gov. Wes Moore has a self-mandated commitment to reinvigorate the state government workforce, it’s unclear whether the $2 billion he has proposed in budget cuts will impact the effort. This week, Maryland lawmakers will begin contending with the state’s nearly $3 billion budget deficit, and state workers are ...
State Roundup: Maryland's 3 new reps, 1 new senator sworn in to ...
Jan 6, 2025 · FOUR MARYLAND FRESHMEN – 3 OF THEM WOMEN – JOIN 119 th CONGRESS: The 119th Congress that was sworn in Friday included four freshmen in Maryland’s 10-member delegation, three in the House and one in the Senate.The newcomers boosted the number of Maryland women in Congress from zero to three — there hasn’t been a woman in the delegation in eight years, and there haven’t been three in ...
General Assembly Archives - MarylandReporter.com
Oct 3, 2024 · Maryland’s budget deficit looms large as the major issue of the 2025 Legislative Session, and rightly so. While the members of the Joint Republican Caucus are ready to offer solutions to our budget challenges and fight back against tax and fee increases, this will not be our sole focus this session.
State Roundup: Unusual influx of cash coming into Maryland's …
Oct 28, 2024 · FUNDS POUR INTO LOCAL SCHOOL BOARD RACES: A flood of cash has poured into Maryland school board races, an unusual influx sparked by culture war debates that have inflamed nonpartisan contests traditionally focused on local budgets, curriculums and teachers’ salaries. The Maryland Democratic Party and the conservative 1776 Project PAC have each injected tens of thousands of dollars into more ...