The Comptroller’s Office has updated its analysis of the impacts of federal tax reform on the state and local governments. The new “optimized model” used permits analysis by county.
The updated report indicates that Howard and Montgomery counties have the greatest percentages of adversely impacted taxpayers (26 and 25 percent, respectively). Ironically, Montgomery also has the greatest percentage of taxpayers who are most favorably impacted by the changes, along with Talbot and Worcester (8 percent). Baltimore City, Dorchester and Somerset have the greatest percentages of taxpayers who will experience no change to their tax bills.
