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Maryland Budget Facts

The Governor’s budget and tax reform proposals create a fairer deal for all Marylanders. 

Just the Facts

1

FACT: Governor Moore’s Plan Cuts Taxes For Nearly â…” Of Marylanders 

Governor Moore has proposed a strategic tax reform plan to make Maryland taxes simpler, fairer, and pro-growth. 82% of Marylanders will either get a tax cut or see no change at all. And, for the third year in a row, the budget does not raise the sales or property tax rate.

2

FACT: Governor Moore’s Plan Cuts $2 Billion In Spending 

Governor Moore is showing leadership and making the hard decisions that previous Governors have avoided. Governor Moore's plan cuts $2 billion in spending and ensures responsible spending on our key priorities to support middle class families and helps Maryland's economy grow

3

FACT: Governor Moore's Budget Responds to a Structural Deficit Predicted Since 2017

Since before he became governor, Governor Moore has been clear that the state must exercise fiscal restraint. Any "surplus" was fueled by one time factors like federal COVID-19 money and the state has had a structural deficit since at least 2017.

Testimonials

"Maryland Gov. Wes Moore’s Tax Plan Boosts Revenue, Increases Fairness"

Institute on Taxation and Economic Policy

Authority line for the Maryland Democratic Party
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