Commentary: This Tax Reform is Not the Answer to Maryland’s Fiscal Woes

The Maryland Spending Affordability Committee met last month to kick off the fiscal year 2026 budget process, which will culminate in early April. During the committee meeting, several legislators discussed the difficult choices before the governor and the General Assembly in balancing the Maryland state budget. While we recognize the difficult choices ahead for the governor and General Assembly, growing Maryland’s economy through business investment and job creation offers the most sustainable path forward.

One proposal that would move us in the wrong direction is combined reporting — a tax policy that would harm rather than help our state’s fiscal outlook.

Read a commentary piece from Maryland Chamber President & CEO Mary D. Kane on why combined reporting is not an answer to Maryland's budget deficit. Article first published in The Baltimore Sun on Jan. 8, 2025.