Higher earners could benefit most from the tax bill in the short run, but future generations of all incomes would be 'worse ...

Taxpayers won’t have many complaints about the retroactive tax cuts that took effect this week, but the retroactive tax hikes ...

Media Maryland lawmaker wants to raise taxes, alter tax bracket to fund reparations for Black residents The money will come from an "additional State individual income tax rate on the net capital ...

Maryland state tax: Overview. Maryland might not have sky-high state income tax rates on paper since its brackets stay below 6%, but there's more to the story.

The previous highest bracket, a 5.75% rate for income beyond $300,000, remains intact, while the state tax rate would simplify to a flat 4.7% for married Marylanders earning less than $150,000 a year.

Other new state laws include changes to income tax, vehicle emissions, cannabis, wagering, abortion funding and solar siting.

Known as part of the governor's “growth agenda,” the proposal combines the four lowest state income tax brackets but introduces two new high-earner brackets for individuals earning $500,000 ...

Maryland’s income tax rates currently max out at 5.75% for individuals earning more than $250,000 and couples earning more than $300,000. Progressive lawmakers and advocates — pleading for ...

By LYDIA HURLEY. Capital News Service. Annapolis, Md. – Some Democratic lawmakers in Maryland are proposing a set of income tax hikes this year, but even bill sponsors have admitted that getting their ...

Under the Local Tax Relief for Working Families Act of 2021 (House Bill 319 and Senate Bill 133), Maryland subdivisions would be allowed to set rates on a bracket basis with higher rates for ...