Jobs & Wages
Risk of job losses and slower wage growth.
Keep Maryland Competitive
Keep Maryland Competitive. Oppose the Combined Reporting Tax.
In 2025, Maryland enacted $1.7B in new taxes and fees. Now some are pushing another tax—combined reporting—during the 2026 General Assembly Session. Tell your lawmakers to vote NO.
At a Glance
What’s At Stake
Local Investment
Less investment in Maryland communities.
Unstable Revenues
Unstable revenues for schools, healthcare, and infrastructure—especially in recessions.
Business Climate
Why Combined Reporting is Bad for Maryland
Competitive Disadvantage
Neither Virginia nor Pennsylvania uses combined reporting. The combined reporting tax would put Maryland at a competitive disadvantage with neighboring states – it’s bad for business, job growth, and investment in Maryland.
Hurts Jobs & Investment
Raising taxes on businesses through combined reporting could make it harder for companies to grow or hire in Maryland. That means fewer job opportunities and less investment in our communities.
Less Attractive for Business
- Many are concerned combined reporting makes Maryland less attractive than nearby states.
- Higher taxes could push companies to move or cut back — hurting our economy and job market.
Maryland Already Said No
Maryland has already said no to the combined reporting tax – and so have other states.
Context
Why It Matters
$1.7B In New Taxes
Enacted in 2025 — families and employers are already paying more.
Revenue Volatility
The combined reporting tax could actually mean less tax revenues to meet Maryland’s needs, especially during a recession.
VA & PA
Neither Virginia nor Pennsylvania imposes combined reporting — Maryland must stay competitive.
Growth Has Lagged
Maryland’s Comptroller, the state’s chief financial officer, noted that Maryland’s comparative economic growth from 2016-2023 lagged substantially behind neighboring Virginia and Pennsylvania—and even national averages—including GDP, employment, personal income, and wage growth. Source: Office of the Comptroller Maryland 2023 – State of the Economy, p. 5. (January 2024).
Business Rankings
According to CNBC’s 2025 “Top States for Business,” Maryland dropped to 32nd overall and ranked 46th in the cost of doing business—neighboring Virginia is ranked 4th overall and Pennsylvania is ranked 17th. Maryland ranked 46th for “cost of doing business.” Source: CNBC Top States for Business 2025.
Take Action
Act Now
Tell your legislators to oppose combined reporting by taking action below.