O'Malley, also a Democrat, says a "balanced approach" to the state's finances is necessary and that balancing the budget solely through cuts would "harm all of us."
The income tax increases would affect about 16 percent of Marylanders. They would kick in for individuals making $100,000 or more or households making $150,000.Maryland residents pay income taxes to the state government, and also to our county or (in some places) city government. Both are figured out on a single income tax form. The county and city tax rates vary from one to the next.