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Virginia’s Surplus Success vs. Maryland’s Structural Struggles

Governor Glenn Youngkin’s administration in Virginia has achieved over $10 billion in revenue surpluses since 2022, facilitating $9 billion in taxpayer rebates and improvements in public services. In contrast, Maryland’s fiscal management has led to significantly smaller surpluses and a looming deficit due to mandatory spending commitments, highlighting differing financial philosophies.

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New Mexico Turns Oil Into Child Care. Why Can’t Maryland Do the Same?

New Mexico has implemented universal, free child care funded by oil and gas revenues without raising taxes, establishing a $10 billion Early Childhood Trust Fund. In contrast, Maryland restricts fossil fuel development, missing potential revenues to support similar initiatives. This highlights a clash between pragmatism in New Mexico and ideological rigidity in Maryland.

New Mexico Turns Oil Into Child Care. Why Can’t Maryland Do the Same? Read More