Maryland Governor Moore on Tax Reforms, Economic Growth

Maryland Governor Moore on Tax Reforms, Economic Growth

Assessment

Interactive Video

Business

University

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The video discusses Maryland's tax code issues and a new budget plan aimed at addressing a $3 billion budget gap. The plan includes tax cuts for 2/3 of Marylanders, without raising sales or income taxes, and focuses on reforming the tax code to be more competitive and pro-growth. It also highlights efforts to attract businesses to Maryland and modernize government operations through regulatory and procurement reforms.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of the tax code reform in Maryland?

To increase state revenue through higher taxes

To simplify and make the tax system fairer and pro-growth

To eliminate all taxes for Marylanders

To match the tax rates of neighboring states

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following taxes was NOT raised as part of Maryland's tax reforms?

Sales tax

Income tax

Corporate tax

Property tax

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the unconventional approaches taken in Maryland's budget plan?

Raising property taxes

Raising the sales tax

Cutting the corporate tax rate

Increasing the inheritance tax

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the focus of Maryland's broader economic strategy?

Increasing government spending

Raising taxes on all residents

Attracting businesses through regulatory reforms

Expanding government workforce

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT part of Maryland's government modernization efforts?

Real estate focus

Increasing unnecessary spending

IT consolidation

Fleet consolidation