Testimony: Nicholas Johnson on Maryland Tax Rate Restructuring


 

Publication Date: November 2007

Publisher: Center on Budget and Policy Priorities (Washington, D.C.)

Author(s): Nicholas Johnson

Research Area: Banking and finance

Keywords: Economic projections; Tax code; State budgets

Type: Report

Coverage: Maryland

Abstract:

The governor’s proposed income tax restructuring plan would change a nearly-flat Maryland income tax rate structure into a progressive rate structure.  This is sound policy on several grounds.