Sen. David Brinkley is championing a bill to lower Maryland’s corporate tax rate saying that his legislation would bring jobs to Maryland and help state businesses “compete with Virginia.” The bill would lower Maryland’s corporate tax rate from 8.25% to 6%, a change which would make Maryland’s rate equal to that of Virginia. The tax cut would cost the state approximately $381 million in fiscal year 2014.Read More
Tag: corporate tax
A new study finds that at least 68 profitable corporations paid no state income taxes anywhere in the country in one of the last three years, according to their annual reports and official government filings.Read More
Support Our Work!
We depend on your support. A generous gift in any amount helps us continue to bring you this service.