Politics & Government
Mizeur Proposes Tax Cuts and Hikes
Del. Heather Mizeur, a candidate for governor, laid out her plan to increase state revenues on Wednesday.
Del. Heather Mizeur, a Democratic candidate for governor, recently laid out her proposal to increase taxes on the wealthiest Marylanders, and cut the income tax for others.
Mizuer argues that raising the income tax rate, primarily on individuals and families making more than $225,000 a year, would create $10 million in additional revenue. The plan also calls for a rate decrease on individuals making $100,000 a year or less and for joint filers reporting $150,000 a year or less.
"Under a Mizeur administration, middle class workers will be paid more and taxed less," Mizeur said in a news release. "Maryland families need an economy that works for them. That means we prioritize workers and employers alike, making our communities great places to open businesses, and also places workers are proud to be part of."
Find out what's happening in Rockvillewith free, real-time updates from Patch.
Income tax rate proposals:
Single Filers
Net Taxable Income/ProposedTax Rate/Net Taxable Income/2013 Tax Rate
Find out what's happening in Rockvillewith free, real-time updates from Patch.
$1-$1,000 2 percent $1-$1,000 2 percent
$1,001-$2,000 3 percent $1,001-$2,000 3 percent
$2,001-$3,000 4 percent $2,001-$3,000 4 percent
$3,001-$50,000 4.30 percent $3,001-$100,000 4.75 percent
$50,001-$100,000 4.50 percent $100,001-$125,000 5 percent
$100,001-$150,000 5.25 percent $125,001-$150,000 5.25 percent
$150,001-$500,000 5.75 percent $150,001-$250,000 5.5 percent
$500,001 + 6.50 percent $250,001+ 5.75 percent
Joint Filers
Net Taxable Income/Proposed Tax Rate/Net Taxable Income/2013 Tax Rate
$1-$1,000 2 percent $1-$1,000 2 percent
$1,001-$2,000 3 percent $1,001-$2,000 3 percent
$2,001-$3,000 4 percent $2,001-$3,000 4 percent
$3,001-$75,000 4.30 percent $3,001-$150,000 4.75 percent
$75,001-$150,000 4.50 percent $150,001-$175,000 5 percent
$150,001-$225,000 5.25 percent $175,001-$225,000 5.25 percent
$225,001-$500,000 5.75 percent $225,001-$300,000 5.5 percent
$500,001 + 6.50 percent $300,001 + 5.75 percent
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.