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How did Maryland earn the grade of D+? We examined the state taxes based on how age friendly they are. Maryland has a state sales tax of 6.00%. Of particular interest is that Maryland does not have taxes on social security. There are estate taxes. There are taxes imposed on inheritance. Maryland has an effective property tax rate of 1.10%. Weighing these taxes and other taxes most likely to impact the aging population is how Maryland earned its state tax grade of D+.
Learn more about taxes in Maryland