The top 1 percent of earners in Maryland are taxed at an effective rate of 9 percent, compared to the state’s 10.6 percent tax rate on the middle 20 percent of income earners, according to a new 24/7 Wall St. analysis.
Among the 75 most populous cities in the U.S., Baltimore ranks 66th for the state of its finances, having $16,000VARIABLE 4 in liabilities per taxpayer, according to a Truth in Accounting (TIA) analysis of municipal data released last month.
Delegate Mike McKay has introduced House Joint Resolution 5 calling for Maryland to participate in a national initiative for the states to propose a congressional term limits amendment to the U.S. Constitution.
Maryland state house Delegate Benjamin Brooks, (district 10), has committed support for term limits on Congress by signing the Term Limits Convention pledge.
Maryland State Senator Michael Hough, (district 4), has committed support for term limits on Congress by signing the Term Limits Convention pledge.
The inflow of smuggled cigarettes in Maryland is 11.4 percent, according to a new study from the Tax Foundation that examines the relationship between cigarette taxes and smuggling.
Maryland state house Delegate Dan Cox, (district 4), has committed support for term limits on Congress by signing the Term Limits Convention pledge
Maryland state house Delegate Trent Kittleman, (district 9A), has committed support for term limits on Congress by signing the Term Limits Convention pledge.
Maryland finished 34th in a study by the website Rich States, Poor States that examined the 50 states’ economic outlooks based on 15 weighted policy measures.
Maryland was included in a new analysis from the Tax Foundation identifying 36 states that have major changes to their tax codes taking effect this year.
Maryland would have adequate revenues to manage a moderate economic downturn without raising taxes or cutting services, according to a new analysis from Moody’s Analytics.
Mark Turgeon, head basketball coach at the University of Maryland, College Park, earned $2.85 million in 2018, making Turgeon the highest-paid public employee in Maryland last year, according to a ranking by the website GOBankingRates.
Legislative appropriations for Maryland arts agencies are projected to reach $23.7 million for fiscal year 2020, which equates to $3.95 per capita in the state, according to a report from the National Assembly of State Arts Agencies (NASAA).
Three counties in the state are now under a Second Amendment sanctuary law or ordinance, according to updates from the website Gunrightswatch.com and media reports.