Tax Foundation
Recent News About Tax Foundation
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Top marginal tax rate in Maryland could reach 55.09% under Biden plan
Under Democrat Joe Biden’s federal tax plan, the top marginal tax rate in Maryland could hit 55.09 percent, according to a new analysis by the Tax Foundation.
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From Maryland Business Daily
Income taxes make up 37.8% of total state, local levies in Maryland, study finds
State income tax revenues in Maryland represent 37.8 percent of its total state and local levies, according to a new study by the Tax Foundation.
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From Maryland Business Daily
Maryland pension plans are 69% funded, study finds
The funded ratio of the Maryland public pension plans stands at 69%, according to a new analysis from the Tax Foundation based on fiscal-year 2017 data.
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From Maryland Business Daily
Maryland ranks 31st highest on distilled spirits taxes
The state distilled spirits excise taxes in Maryland ranked 31st in the nation, according to a new analysis from the Tax Foundation based on January 2019 data.
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From Maryland Business Daily
Maryland ranks 11th highest on wine taxes, study finds
The state wine excise taxes in Maryland ranked 11th in the nation, according to a new analysis from the Tax Foundation based on January 2019 data.
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From Maryland Business Daily
Maryland ranks 38th highest on state and local sales taxes, study finds
The combined state and average local sales taxes in Maryland ranked in a tie for 38th in the nation, according to a new analysis from the Tax Foundation based on July 2019 data.
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From Maryland Business Daily
Maryland ranks 9th highest on beer taxes, study finds
The state beer excise taxes in Maryland ranked ninth in the nation, according to a new analysis from the Tax Foundation based on January 2019 data.
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From Maryland Business Daily
By the Numbers: Montgomery County among the 17 jurisdictions with vaping taxes
Seventeen jurisdictions in the nation have some form of vapor product excise tax, according to a new Tax Foundation analysis.
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From Maryland Business Daily
Maryland ranks 35th highest for dependence on property taxes, study finds
Maryland finished 35th in a Tax Foundation ranking of states that rely the most on property taxes as a share of state and local taxes.
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From Maryland Business Daily
Analysis: Maryland ranks 15th highest on state cigarette taxes
The state cigarette taxes charged in Maryland ranked in a tie for 15th in the nation, according to a new analysis from the Tax Foundation based on 2016 data.
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From Maryland Business Daily
Analysis: Mid-range earners in Maryland rank the lowest on federal tax cut benefits
Middle-range income earners in Maryland ranked 50th in the nation in terms of how they benefited from the federal Tax Cuts and Jobs Act, according to a new Tax Foundation analysis.
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From Maryland Business Daily
Maryland ranks 15th highest for state-imposed gas taxes
Maryland finished 15th in a ranking of the taxes and fees that states place on gasoline, according to the Washington-based Tax Foundation.
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From Maryland Business Daily
Analysis: Maryland ranks 37th most reliant on federal aid
Maryland finished 37th in a study by the Tax Foundation examining which states rely most on federal aid funding as a percentage of their general-fund revenue.
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From Maryland Business Daily
Analysis: Maryland ranks 22nd best in corporate tax study
Maryland finished 22nd in a study by the Tax Foundation examining which states have the most business-friendly corporate income tax structures.
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From Maryland Business Daily
Analysis: Maryland ranks 6th worst in state income tax study
Maryland finished 45th in a new study by the Tax Foundation ranking which states have the most business-friendly income tax structures.
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From Maryland Business Daily
Analysis: Maryland ranks 18th best in sales tax study
Maryland finished 18th in a study by the Tax Foundation examining which states have the most business-friendly sales tax structures.
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From Maryland Business Daily
Analysis: Maryland ranks 9th worst on property tax study
Maryland finished 42nd in a new study by the Tax Foundation ranking of which states have the most business-friendly property tax structures.
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From Maryland Business Daily
Analysis: California, New York, D.C. have most progressive income taxes
California, Connecticut, New York, New Jersey and Washington, D.C., ranked among the U.S. jurisdictions with the most progressive individual income tax systems, according to a recent Tax Foundation analysis.
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From Maryland Business Daily
Analysis: Maryland posted 25th highest individual income tax rate in 2018
Maryland ranked No. 25 for its top individual income tax rate, according to a Tax Foundation analysis of 2018 tax numbers that tracked the District of Columbia and the 43 states that levy such taxes.