Md. Taxpayers Face Their Own Fiscal Cliff

If Congress fails to prevent automatic tax increases by year’s end, the typical family in Maryland will pay a bigger bill than the typical family just about anywhere else in the United States.

The Tax Foundation, a nonprofit, nonpartisan tax research group based in Washington, D.C., found in an analysis of U.S. Census and Internal Revenue Service data that a four-person family in Maryland with a median household income would owe an extra $7,200 in taxes next year if some potential tax increases are not averted through lawmakers’ efforts to avoid the “fiscal cliff.”

That’s the highest dollar-figure increase in the nation, and the second-highest increase by percentage of income.
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