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

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

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 ...

ANNAPOLIS, Md. (AP) — Maryland Gov. Wes Moore released a budget plan Wednesday that includes higher income tax rates for taxpayers who make more than $500,000, as well as about $2 billion in ...

The tax hike has created concerns among vendors about potential impacts, both on customers and the legal cannabis market.

The state’s controversial new tax would apply to services like cloud storage and cryptocurrency mining.