Maryland Analysis On Federal Tax Overhaul Released

ANNAPOLIS, Md. (AP) — Tax revenue in Maryland will go up an estimated $438 million in tax year 2018 due to the federal tax overhaul, if state lawmakers don’t make adjustments to the state’s tax code.
The Maryland Bureau of Revenue Estimates released an analysis on Thursday of how the federal law will affect Maryland.
Andrew Schaufele, the director of the bureau, says about 68 percent of Maryland taxpayers will not see a change in state and local taxes, while 4 percent will