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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.
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.
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 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.
Gov. Moore Proposes $2 Billion in Budget Cuts, Promotes Government Efficiency
Maryland's budget shortfall prompts concerns of budget cuts and tax increases. Gov. Moore proposes modernizing state government to save $50 million.
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. 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
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.
Moore to cut taxes for most Marylanders, raise taxes for highest earners
Governor Wes Moore says 82% of Marylanders will see a cut or no change in their taxes, while the richest 18% will see increases. He did not say how much that increase will be.
Wes Moore committed to rebuilding the state government workforce. Can he do that amid Maryland’s fiscal crisis?
Though 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,
Raw video: Gov. Moore unveils 2026 budget proposal
Maryland Gov. Wes Moore introduced his $67.3 billion operating budget proposal for 2026 that he said is based on growing the economy to provide a path to work, wages and wealth. Amid an almost $3 billion budget shortfall,
7h
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 ...
3h
'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 ...
2d
Gov. Moore on Working With Trump: "I'm Not The Leader Of The Resistance, I'm The Governor Of Maryland"
Gov. Wes Moore (D-MD) joined CNN's Jake Tapper on Tuesday and discussed how he plans to work alongside President-elect Donald ...
7h
on MSN
Gov. Wes Moore pushing new vehicle fees, increases to reverse some transportation cuts
Gov. Wes Moore’s administration will introduce a series of vehicle-related fees, including a new 75-cent fee on online retail ...
7h
on MSN
Biden expected to highlight key accomplishments in prime-time farewell speech
President Joe Biden is set to deliver a farewell speech Wednesday night from the Oval Office that's expected to focus on key ...
6h
Biden says farewell to nation from Oval Office
President Joe Biden delivered what could be his last address to the entire nation on Wednesday. Prior to his remarks, Biden ...
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