By the Numbers: Montgomery's Potential Tax Rate

MARYLAND GOV. MARTIN O'MALLEY, pictured at right, has been touring the state recently to promote his plan to restructure taxes and close a looming $1.7 million budget shortfall. If the governor were to host a town hall meeting in Redskins owner Dan Snyder's neck of the woods in the western end of Montgomery County, he might not get a very good reception. That's because upper-income residents in Maryland's wealthiest county would be taxed at a much higher rate, as The Post's Ann E. Marimow and John Wagner report.

Let's look at the potential tax burden by the numbers ...

» $500,000: The base income level residents of Maryland have to make annually in order to be assessed a higher tax rate, as stipulated by the governor's plan.
» 6.5: The percent rate those higher-income residents would be taxed at.
» 9.7: The combined tax rate those higher-income residents who reside in Montgomery County would be taxed at when combined with the county's 3.2 percent income tax. The top rate for District residents is 8.5 percent; the top rate for Virginia residents is 5.75 percent.
» 80: The percent of the $163 million O'Malley expects to be raised from his restructured tax plan that would come from Montgomery County taxpayers.

» "Montgomery Legislators Struggle to Serve Two Masters" [WaPo]

Photo by Katherine Frey/The Washington Post