A State of Wealthy Entrepreneurs Passes a ‘Millionaires’ Tax’

It would be the first income tax in Washington, affecting an estimated 20,000 households. Some of the wealthiest are leaving for Florida.
Maryland Matters

Tale of two budget years adds $250 million to revenue projections

Maryland’s revenue picture improved by nearly $250 million over two years, buoyed largely by a factor that cannot be anticipated — people dying. The numbers released Wednesday by the Board of Revenue ...

Maryland tax revenue to rise as lawmakers cope with $1.4B shortfall

The Board of Revenue Estimates estimates come as lawmakers in the General Assembly prepare to deliberate on Gov. Wes Moore’s budget proposal.

Trump visits Kentucky, touts economy while tariffs hit state hard

President Trump visited Kentucky, touting economic success, but his tariffs have negatively impacted local industries like bourbon.
MyChesCo on MSN

Report finds Trump tax law delivers larger benefits to wealthy households

CHARLOTTESVILLE, VA — A new state-by-state analysis released by InvestorsObserver says tax changes tied to President Donald Trump’s tax legislation could leave some of the nation’s poorest households ...

Progressive states revive push to tax the rich as wealth disparity deepens across the US

Chuck Collins figures he won life’s lottery by inheriting vast sums of money through his great-grandfather Oscar Mayer’s ...
Maryland Matters

Initial returns on IT and data sales tax falling short of estimates, as state grapples with budget

A controversial IT sales tax was supposed to bring in $500 million, but is currently on track to raise about $50 million. Still, budget analysts and fiscal leaders are optimistic that new revenue ...