Bloomberg Talks
Gov. Wes Moore Talks Taxes, Disaster Relief
Jan 16, 2025
Wes Moore, the Governor of Maryland, shares insights on the state’s tax brackets and disaster relief efforts. He discusses a $2 billion budget plan focusing on spending cuts and tax increases for high earners while aiming to modernize government functions. Moore emphasizes the importance of bipartisan cooperation in navigating tax reforms and highlights recent achievements in addressing disaster recovery, showcasing how federal aid supports local needs. This engaging conversation unveils his vision for Maryland's fiscal future.
08:13
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Quick takeaways
- Governor Wes Moore's budget strategy prioritizes tax reforms aimed at high earners while ensuring that 80 percent of Marylanders will benefit either through tax cuts or no increases.
- Moore emphasizes the importance of bipartisanship and collaboration, highlighting past successes with 26 bipartisan bills to drive effective governance and economic growth.
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