November 15, 2007

Senate Plan Falls Hardest on Low-Income Marylanders


A new analysis of the tax legislation approved by the Senate Budget and Taxation Committee on Tuesday shows that the Senate’s tax changes would impose the largest tax hikes, as a share of income, on low- and middle-income Marylanders. The analysis also shows that the Senate plan’s regressive impact is in sharp contrast to the plan proposed by Governor Martin O’Malley late last month, which would make Maryland’s tax system less unfair overall.

Read the Full Report (PDF)