Study: 31 percent of Marylanders would pay more under Trump tax plan – The Baltimore Sun

By John Fritze

About 31 percent of Maryland households would pay a higher tax bill and roughly two-thirds would receive a tax cut under a proposal announced by President Donald Trump and Republican leaders in Congress, according to an analysis released Wednesday.

The study, by the left-leaning Institute on Taxation and Economic Policy, found 30.5 percent of Marylanders would face an immediate increase — the largest share in the nation — due mostly to the proposal to eliminate the frequently claimed state and local tax deduction.

Nearly 60 percent of Marylanders earning between $73,700 and $126,500 would receive an average tax cut of $1,280, according to the report. Another 41 percent in that income range would receive an average tax increase of $2,200.

Virtually all state residents earning above $657,800 would receive a large cut in taxes.

“What I see here is that this tax plan is incredibly skewed toward the ultrarich,” said Benjamin Orr, executive director of the Maryland Center on Economic Policy. “Most middle class and upper middle class Marylanders would see their taxes go up.”

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