Maryland consistently ranks as one of the worst states for taxes in the U.S. This is a problem for several reasons. When businesses are created or looking to relocate, Maryland becomes less competitive than other states. An example of this would be when businesses are looking to relocate in proximity to Washington DC, they are typically choosing between Maryland and Virginia. Virginia has a corporate tax rate of 6% and Maryland is at 8.25%. In this particular case, it would be less expense to for that business to open in Virginia. When a business chooses another state like Virginia to incorporate, Maryland looses not only the revenue for state projects like roads and bridges, but also the jobs.