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Wes Moore on Tax Reform

 

 


$40,000 tax exemption on military retirement income

We stand for people like Angela McCullough. Angela is a retired US Air Force Master Sergeant, and the owner and CEO of Maryland-based, Tri-Logistics. She's an example of what our state needs more of. With my budget's $40,000 exemption on military retirement, she will be able to put that money back into her business, hire more people, and grow our economy. And 40,000 veterans like her will see their retirement income tax cut as well.
Source: 2023 State of the State Address to the Maryland legislature , Feb 1, 2023

Supported making child tax credit fully refundable

Some of the things he's most proud of during his four years at Robin Hood "weren't just the allocations of cash" but changes in public policy, including an adjustment to make the child tax credit fully refundable. "Literally we cut the child poverty rate in almost half in the stroke of a pen," Moore said.
Source: Maryland Matters on 2022 Maryland Gubernatorial race , Aug 26, 2021

Other governors on Tax Reform: Wes Moore on other issues:
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