Marylanders strongly believe the state’s tax system is unfair with large majorities supporting proposals to close corporate tax loopholes and ensure that wealthy individuals pay their fair share to fund vital state programs, according to new polling for Maryland Rise.
The survey found that 64 percent of Marylanders believe the tax system is unfair and more than three out of four surveyed said it was important for the state to make sure wealthy individuals pay their fair share. Seventy-nine percent support efforts to close loopholes that allow multi-state corporations to avoid paying taxes for profits generated in Maryland, including 63 percent who strongly support that proposal.
The polling was conducted by Hart Research, a prominent national research firm. The polling was conducted in early October and surveyed 740 registered voters. The margin of error for the results is 4.1%.
Other key findings from the polling:
70 percent of respondents support tax cuts for middle-income and low-income Maryland working families.
77 percent support creating a slightly higher tax bracket on the income of millionaires, including 54 percent who strongly favor it.
83 percent support expanding the state’s child tax credit to reach more low- and moderate-income families with incomes less than $100K.
71 percent support closing the loophole that allows large businesses operating as LLCs and other types of partnerships to become exempt from federal or state corporate income taxes.
Poll respondents strongly embrace “making sure there is enough revenue to fund public education,” with 77 percent saying it is important or very important.