Shocker, MD Income taxes to increase

Anonymous
This is what happens when democrats are left completely in charge with no competition. The area will become a second Baltimore.
Anonymous
Anonymous wrote:
Anonymous wrote:What an odd way to characterize the governor's budget proposal.

Governor’s budget proposal to include tax cuts and ‘growth agenda’ spending

Moore: 82% of people will see a cut or no change in taxes; corporate tax rate would also be cut

https://marylandmatters.org/2025/01/14/governors-budget-proposal-to-include-tax-cuts-and-growth-agenda-spending/


but yet my taxes will go up plus a surcharge on capital gains. They just love losing wealthy residents to VA. At some point, who will stay? There is zero incentive to stay in MD when VA is 5 min from my house.


VA is better for business.

Maryland unfortunately seems obsessed with repeating California’s mistakes.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:What an odd way to characterize the governor's budget proposal.

Governor’s budget proposal to include tax cuts and ‘growth agenda’ spending

Moore: 82% of people will see a cut or no change in taxes; corporate tax rate would also be cut

https://marylandmatters.org/2025/01/14/governors-budget-proposal-to-include-tax-cuts-and-growth-agenda-spending/


but yet my taxes will go up plus a surcharge on capital gains. They just love losing wealthy residents to VA. At some point, who will stay? There is zero incentive to stay in MD when VA is 5 min from my house.


VA is better for business.

Maryland unfortunately seems obsessed with repeating California’s mistakes.


Maryland isn’t California and has none of its beauty, top colleges or tech industry.
Anonymous
Anonymous wrote:
Anonymous wrote:OP is a moron. You can't cut cut cut cut and expect their to not be a decline in public services...rendered to citizens


Public services?!!! Hahaha.

I just drove from Silver Spring to Springfield on 495 today through Tysons. The entire time on the highway in MD all I could see on the side of the road were piles of garbage, roadway signs that should have been replaced 10 years ago, and overgrown brush. As soon as you cross the bridge into VA you see transportation infrastructure going up, relatively no garbage, nicer roadway signs, and a city like Tysons that is getting hundreds of thousands of square feet of business retail added to it every year. All the while Maryland’s infrastructure crumbles and businesses leap frog over it to come to VA. And guess what? NoVA’s infrastructure is better, cleaner, and growing with less personal income taxes! That’s what happens when have policies that make business growth happen.

Public services!! I needed a laugh.


Correct. State law requires counties to fund schools each year at the same rate, or MORE, per pupil. Counties can never cut spending for schools. So they cannibalize from all your other services. Transportation, police, fire, health, and more.
Anonymous
For MoCo residents, keep in mind that as the state works to raise your income taxes, the county is hard at work raising your property taxes, while Andrew Friedson is hard at work trying to give developers a 100 percent tax abatement for apartments. You really can’t make this up.
Anonymous
Good thing I don't live in Shocker, MD
Anonymous
I thought this was interesting. It's from the Maryland Board of Revenue Estimates. It shows why they are projecting a $240 million revenue write-down, mostly from income taxes, but has some good information on how the federal lay offs, broken contracts, and frozen grants will also impact Maryland.

Southern Maryland counties have a larger percentage of their total income tax revenue coming from federal employees. I wonder how many of them are feeling right now, since Charles, Calvert, and St. Mary's voted overwhelmingly for Trump.

https://www.mdbre.gov/BRE_reports/FY-2025/Board-Presentation-March-2025.pdf

Anonymous
Anonymous wrote:This is what happens when democrats are left completely in charge with no competition. The area will become a second Baltimore.


Where is the competition though? Is there any hope for competitive politics on the local level?
Anonymous
Anonymous wrote:I thought this was interesting. It's from the Maryland Board of Revenue Estimates. It shows why they are projecting a $240 million revenue write-down, mostly from income taxes, but has some good information on how the federal lay offs, broken contracts, and frozen grants will also impact Maryland.

Southern Maryland counties have a larger percentage of their total income tax revenue coming from federal employees. I wonder how many of them are feeling right now, since Charles, Calvert, and St. Mary's voted overwhelmingly for Trump.

https://www.mdbre.gov/BRE_reports/FY-2025/Board-Presentation-March-2025.pdf



I didn’t know that, but so did Brooklyn and Queens.
Anonymous
Anonymous wrote:
Anonymous wrote:What an odd way to characterize the governor's budget proposal.

Governor’s budget proposal to include tax cuts and ‘growth agenda’ spending

Moore: 82% of people will see a cut or no change in taxes; corporate tax rate would also be cut

https://marylandmatters.org/2025/01/14/governors-budget-proposal-to-include-tax-cuts-and-growth-agenda-spending/


but yet my taxes will go up plus a surcharge on capital gains. They just love losing wealthy residents to VA. At some point, who will stay? There is zero incentive to stay in MD when VA is 5 min from my house.


Virginian here. Virginia may be 5 min from your house, but the counties close to D.C all have the same problems that you have in Maryland close in - we are facing much higher local county taxes and prices for all services this year, all while the county is advertising to be everything for everyone, and throwing money around. (That said, I’ve always found the state taxes reasonable).
Anonymous
Anonymous wrote:This is what happens when democrats are left completely in charge with no competition. The area will become a second Baltimore.


I don't think it's democrats specifically. I think it's one-party rule.

Some folks are good managers of prudent public policy and some aren't. The GOP isn't doing so hot right now at the federal level.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:What an odd way to characterize the governor's budget proposal.

Governor’s budget proposal to include tax cuts and ‘growth agenda’ spending

Moore: 82% of people will see a cut or no change in taxes; corporate tax rate would also be cut

https://marylandmatters.org/2025/01/14/governors-budget-proposal-to-include-tax-cuts-and-growth-agenda-spending/


but yet my taxes will go up plus a surcharge on capital gains. They just love losing wealthy residents to VA. At some point, who will stay? There is zero incentive to stay in MD when VA is 5 min from my house.


VA is better for business.

Maryland unfortunately seems obsessed with repeating California’s mistakes.


Maryland isn’t California and has none of its beauty, top colleges or tech industry.


Amen. And does nothing by to attract businesses to the area. I won’t move to Virginia but I envy their business boom in NoVa.
Anonymous
The second they pass the business to business tax and extra paperwork my company moves to Virginia 3 miles away.
Anonymous
Anonymous wrote:The second they pass the business to business tax and extra paperwork my company moves to Virginia 3 miles away.


It’s the last straw. The uncompensated hours of paperwork and taxation levels are horrible. I noticed lawyers are exempted since lawmakers protect themselves .

Disgusting and going to punish this behavior by moving 3 miles
Anonymous
You know how there’s a push for electric vehicles and Democrats want to ban gas vehicles? Well now they want punish you for doing right by going electric.

A new tax!

https://foxbaltimore.com/news/local/punish-the-drivers-lawmakers-clash-on-highway-use-fee

“State officials are considering a highway-use fee for drivers to address the declining fuel tax revenue.

House Bill 1457 would require certain alternative fuel vehicles, fuel-efficient vehicles, and plug-in electric vehicles to pay an annual highway-use fee ranging from $5.83 to $182 based on an average of 11,245 miles driven or pay for the miles they drive by participating in a Mileage-Based User Fee (MBUF) program.

"This is about equity," said HB1457 sponsor Maryland Delegate (D) Jared Solomon. "So if you are poor and you can't afford a new car you are not going to get hit with this because we know you are paying more on gas tax than someone who was able to go out and buy a brand new car even if it's not an EV they are paying significantly less gas tax and the gas tax is falling disproportionately on low-income folks who are driving older vehicles."
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