Even Under Optimistic Assumptions, Tax Cut Would Force Deep Service Cuts

Change in general fund revenue per capita under varying population and tax base assumptions. Scenarios in this table are illustrative and do not reflect likely population or tax base impacts.

MDCEP simulation based on FY 2023 budget data and July 2021 population estimate. Tax base simulation includes real and personal property, income, and transfer and recordation taxes.
Table: Maryland Center on Economic Policy Source: BBMR budget data, U.S. Census Bureau population data. Get the data