Maryland Gov. Wes Moore (D) on Tuesday announced a plan to raise income tax rates for the state’s wealthiest residents, money that would help close a looming $3 billion budget deficit and fund ...

Maryland Gov. Wes Moore has included higher income tax rates for taxpayers who make more than $500,000 in his budget plan, as well as about $2 billion in budget cuts to address a $3 billion deficit.

Among the additional changes are plans to increase the taxes on sports betting from 15% to 30%, on table games from 20% to 25% and on recreational cannabis from 9% to 15%.

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 ...

Without selling the tax increases that the governor unveiled in his $67 billion budget proposal on Wednesday, Moore faces making even deeper cuts to balance the state’s finances.

Maryland Gov. Wes Moore released a budget plan Wednesday that includes higher income tax rates for taxpayers who make more than $500,000, as well as about $2 billion in spending reductions ...

ANNAPOLIS — Maryland Gov. Wes Moore released a budget plan Wednesday that includes higher income tax rates for taxpayers who make more than $500,000, as well as about $2 billion ...