Tag: corporate income tax

Business group leaders say Maryland needs to be more competitive on taxes

With a report Monday by CEO magazine ranking Maryland among the 10 worst states to do business, the Greater Baltimore Committee said it’s going to renew its push to improve the state’s competitiveness. “I’m always struggling with why we think we’re so good and others think we’re not,” said Brian Rogers, chairman of the T. Rowe Price Group who chairs the Greater Baltimore Committee’s board.

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Md. corporate tax will be cut, Senate chairman predicts

Maryland’s 8.25% corporate income tax will be lowered next year, at least by the Maryland Senate, predicted Sen. Ed Kasemeyer, chair of the Senate Budget and Taxation Committee. “I do believe that next year you’ll see it occur,” Kasemeyer told a Howard County Chamber of Commerce breakfast Thursday. The Howard County Democrat had backed lowering the rate at a meeting of the same group in 2011.

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