Wes Moores Exit Tax

Hi folks… you ever hear that old Eagles lyric—“You can check out any time you like, but you can never leave”? Well… that’s not just a rock song anymore. In Maryland, it’s now official state policy.
Let me remind you—on July 1, 2024, our fearless leader, Governor Wes “Tax” Moore, decided that if you sell your home in Maryland and move out of state, the state gets to reach into your pocket one last time… and grab 6 percent of your home’s ENTIRE sale price.
Not your profit. Not your capital gains. No, no, no—the whole enchilada.
That’s not a tax—that’s a hostage negotiation.