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Maryland Increases Wide Range of Taxes and Fees

April 8th, 2025 by WCBC Radio

The Maryland legislature and governor have agreed to increases in many fees in the state.  They include a 6% tax on all vending machine items, a $5 tax on every new tire, a cannabis tax increase from 9 to 12%, and a sports betting tax increase from 15 to 20%.  The taxes will likely be implemented on July 1 when the new fiscal year begins.