Progressive Maryland Democrats Push Tax Increases to Pay for Education Plan

“Supporters of the package also are backing a measure to reset the state’s estate tax exemption limit at $1 million, instead of $5 million — a change approved in 2014.

The package also includes a measure to restructure the state’s personal income tax brackets to lower income tax rates on earners below the median while raising rates on higher-income earners and restoring a 7% tax bracket for millionaires.”