Baltimore, MD - April 22, 2025 - A growing number of tech companies are packing up and preparing to leave Maryland if Governor Wes Moore signs off on a controversial new IT tax. It's a move they say will punish innovation and crush their margins.
“We're kind of red state curious,” said Todd Marks, CEO and founder of Baltimore Based Mindgrub Technologies. “Tennessee, North Carolina, Florida. We're actually looking at Wyoming, which has zero corporate tax.”
After more than two decades of making and marketing software here in Maryland, Marks is considering a move he never planned on making.
“We've got one foot out the door in the state, but you know, we would gladly just stay here,” he said.... Read More: FOX45