Council President Pitches Progressive Income Tax Structure for FY27

Council President Natali Fani-González is proposing a new four-bracket progressive county income tax structure as part of her FY27 budget plan. Households earning under $300,000 in Maryland Adjusted Gross Income would see reduced rates — ranging from 2.50% for incomes up to $50,000 to 3.20% for incomes up to $300,000 — while those earning above $300,000 would see a 0.10% increase to 3.30%. Fani-González estimates 96% of households would receive a tax break, with estimated savings ranging from $153 to $755 per household depending on income bracket.