Maryland's New 3 Percent Tax Will Chill the State's Emerging Tech Sector

reason.com/2025/07/06/marylands-new-3-percent-tax-will-chill-the-states-emerging-tech-sector

Maryland is facing a $3 billion budget gap that it hopes to close with a new "tech tax." The first-in-the-nation tax, which took effect on Tuesday as part of the state's budget bill, imposes a 3 percent levy on "the sale of many informational technology services," reports Maryland…

This story appeared on reason.com, 2025-07-06 10:30:09.
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