Shocker, MD Income taxes to increase

[Anonymous]

Anonymous wrote:

Anonymous wrote:Wow the Estate Tax exemption drops from $5mln to $2mln. Start putting your assets into a trust now!

That's one way to get the boomers in MoCo and Howard to sell. Especially with PA and VA being the two bordering states.

So it's good housing policy too.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Wow the Estate Tax exemption drops from $5mln to $2mln. Start putting your assets into a trust now!

That's one way to get the boomers in MoCo and Howard to sell. Especially with PA and VA being the two bordering states.

Won't they just move it into a trust? My parents did that.

[Anonymous]

Anonymous wrote:Shocker Hogan set up a mess
Shocker Hogan never brought industry here he booted everything

He’s coming back in 2028 if we vote at all which is doubtful.

No worries Repukes you will have your ted MD
No more public schools religious vouchers only
Welfare from other blue states
Child abuse ramps up with zero consequences

Laws lol none

You ok?

[Anonymous]

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/

And at least we don't have to pay personal property tax on cars in Maryland, like in VA.

[Anonymous]

Anonymous wrote:Wow the Estate Tax exemption drops from $5mln to $2mln. Start putting your assets into a trust now!

Where did you see this?

[Anonymous]

Anonymous wrote:

Anonymous wrote:They're turning the entire state into Baltimore. Libs just slammed MoCo residents too with massive property tax hikes based on grossly inflated property assessments they aren't remotely in the realm of reality.

Why is my dog barking?

I'm white and lived in Baltimore City for years before I left the state. STFU.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Wow the Estate Tax exemption drops from $5mln to $2mln. Start putting your assets into a trust now!

That's one way to get the boomers in MoCo and Howard to sell. Especially with PA and VA being the two bordering states.

Won't they just move it into a trust? My parents did that.

Some might but that takes a lot of effort.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Marylanders elected a Democrat for governor. Certainly you can’t be shocked when they implement Democrat aligned policies. They literally are turning into the worst parts of Massachusetts.

Oh no! Massachusetts!

https://taxfoundation.org/research/all/state/massachusetts-graduated-income-tax-amendment/

https://www.masscpas.org/storage/files/7338cbb72f2eca23dd49a55a446f4f65.pdf

[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.

Bye!

We’ll happily replace you with a dozen immigrants, who will all need state funded programs to function and survive here! They will strengthen us with their diversity!!! Take your money and GTFO! We don’t need you! Diversity is our strength!!!

[Anonymous]

Will never understand why people choose to live in MD.

[Anonymous]

Anonymous wrote:Will never understand why people choose to live in MD.

Will never understand why people who don't live in MD choose to post on an internet message board thread about MD policies affecting people who live in MD.

[Anonymous]

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/

"Another $128 million would be focused on strengthening the state’s regional economic competitiveness, Moore said. Nearly $28 million would go to a quantum computing joint venture between IonQ, the state and University of Maryland.

Moore said that $128 million would generate $515 million in economic activity and create 2,300 jobs. Those jobs would result in $210 million in income, he said."

Good old fashioned crony capitalism

[Anonymous]

Anonymous wrote:

Anonymous wrote:Will never understand why people choose to live in MD.

Will never understand why people who don't live in MD choose to post on an internet message board thread about MD policies affecting people who live in MD.

Because Maryland is a disfunctional sh!tshow of a state, and it’s a laughingstock. Because our elected officials in the HoD and Senate cannot seem to say “no” when it comes to spending money. And the whole country laughs at us.

-a lifelong MD resident

[Anonymous]

Anonymous wrote:

Anonymous wrote:Wow the Estate Tax exemption drops from $5mln to $2mln. Start putting your assets into a trust now!

Where did you see this?

"The proposal eliminates the inheritance tax and offsets the revenue loss by lowering the estate tax
exemption from $5 million to $2 million. "

PDF page 15:
https://dbm.maryland.gov/budget/Documents/operbudget/2026/proposed/FY2026MarylandStateBudgetHighlights.pdf

[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.

But then you have to live in VA.