March 25th, 2025 by WCBC Radio
The new tax plans released last week by the Moore Administration now show a 20% increase in the standard deduction for Maryland residents – a change from the first-proposed doubling of the current deduction. New plans also call for tax increases on services, amounts that House Minority Leader Jason Buckle says will eat up any resident’s tax savings…
“The estimated tax cut for almost everyone is $50. That’s the estimated state tax cut just from the income taxes. Well. If you have to pay an additional 3% on these IT and data services, if you have to pay something additional to get your car registered – let’s say you have to get your car registered, that’s going to be an additional hundred bucks.”