wes moore budget news

Wes Moore, tax increases

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.

The Business Journals · 16h

Moore to propose corporate tax cut, $750M for economic development

Maryland Gov. Wes Moore will call for a cut to the state's corporate tax rate as well as ask the General Assembly for hundreds of millions in new funding to help grow emerging companies as part of his forthcoming budget proposal.

The Washington Post on MSN · 13h

Moore announces tax increases for the wealthy to close budget gap

Moore has also pledged making $2 billion in cuts to help close a $3 billion budget gap, targeting some spending on climate initiatives and government inefficiency.

Maryland Gov. Moore to share 2025 budget proposal

CBS News · 23h

Maryland Gov. Moore to share 2025 budget proposal as state faces $2.7 billion deficit

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.

foxbaltimore · 5h

Governor Moore to present 2026 budget proposal amid fiscal shortfall concerns

Governor Wes Moore is slated to give his budget proposal for fiscal year 2026.Community leader, Pastor P.M. Smith, joined FOX45 Morning News to weigh in on the

Baltimore Sun on MSN · 21h

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,

Critics slam Moore's budget, blame poor planning for $3B deficit, tax hikes on rich

As Maryland Governor Wes Moore prepares to lay out his budget proposal for the upcoming fiscal year, he's hinting at one key ...

Maryland Matters5h

Governor’s budget proposal to include tax cuts and ‘growth agenda’ spending

Gov. Wes Moore (D) said Tuesday he will avoid tax increases and massive budget cuts and instead focus on growing the state's ...

Maryland Reporter29m

State Roundup: Moore proposes income tax hike for state’s wealthiest to help fill budget gap; 7 Republican delegates form House Freedom Caucus

Gov.Moore proposes income tax hike for state's wealthiest to help fill budget gap; lawmakers seek to alter timeline for Education Blueprint; seven Republican delegates form House Freedom Caucus.

10h

For some Marylanders, taxes may soon be going up as state faces budget challenges

Maryland Governor Wes Moore on Tuesday is revealing more of his plan to close a $3 billion state budget deficit and it ...

WBAL TV Baltimore on MSN15h

Moore drops hints on budget, tax changes

On the eve of the release of his 2026 state budget proposal, Maryland Gov. Wes Moore dropped a few hints about how he'll ...

14hon MSN

Maryland braces for budget battle as Gov. Moore plans to unveil cuts

Governor Wes Moore promised his budget will have $2 billion in cuts, while the General Assembly will work to close the ...

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