Maryland Governor plans to double the sports betting tax from 15% to 30%. For more legal analysis across the gaming industry, check out Legal Sports Report.
If you have income from multiple sources in retirement, such as pensions, withdrawals from retirement accounts or side jobs, you may have to pay taxes on part of your Social Security benefits.
The governor said the budget team learned from other states' best practices when it comes to adjusting taxes in Maryland. Inheritance taxes would be eliminated and there would be a 1% surcharge on ...
Well, there's good news for current and future retirees: A handful of states don't tax any retirement income at all. Now, you shouldn't simply move to one of these states as means of lowering your ...
"We're supporting increasing K through 12 tuition by 2% in year one and then 2% again in year two," Braun said. Braun is also pushing to phase out the state's tax on retirement income over the next ...
Social Security is one of the foundations of most Americans' retirement planning. In an annual poll from Gallup, 60% of retirees said Social Security is a major source of income, and another 28% ...
(7News) — Maryland Governor Wes Moore released details of his $67.3 billion budget on Wednesday. It relies on $2 billion in cuts to state Government as well as nearly $1 billion in tax increases ...
15, 2025, in Annapolis, MD. (AP Photo/Brian Witte) ANNAPOLIS, Md. (AP) — Maryland Gov. Wes Moore released a budget plan Wednesday that includes higher income tax rates for taxpayers who make more than ...