Moore’s senior press secretary, Carter Elliott, characterized tax breaks for charitable donations as an incentive that disproportionately benefits the wealthy because most middle-class donors do ...
Wes Moore proposed an overhaul of personal income taxes, which would give two-thirds of Marylanders a tax cut while increasing taxes on the wealthy, along with other fee increases. A new tax on ...
The plans also include tax increases on gambling and cannabis, as well as a new 1% tax on capital gains for people with incomes over $350,000. Moore and ... tax cut for the wealthy.
Specifically, among other changes, the budget plans seek to extend the individual income and estate tax provisions of the 2017 Tax Cuts and Jobs Act. According to the U.S. Treasury Department ...
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