EPISODE · Apr 30, 2026 · 10 MIN
"We’ve been abandoned": Some Md. business owners say Gov. Wes Moore left them behind
from #LegalBytes: The Official Podcast of Cummings & Cummings Law · host Cummings & Cummings Law
Attorney and CPA Chad D. Cummings presents this powerful presentation exposing how Maryland Governor Wes Moore's repeated promise to "leave no one behind" has failed the state's small business owners. From seventh generation farmers buried in overregulation to cafe owners facing skyrocketing electric bills and declining customers to Chesapeake Bay charter captains abandoned by state leadership, Maryland businesses are struggling under the weight of the state's largest tax and fee increase in history, a median property tax bill of $4,144, and combined state and local income tax rates exceeding 8 percent for many owners. This presentation reveals the ongoing exodus of residents and businesses to Florida and Texas, where property taxes are lower and there is no state income tax, along with strong asset protection and pro business policies. Learn how redomestication allows Maryland business owners to legally transfer their company's domicile to Florida or Texas without creating a new entity, without dissolution, and without triggering federal taxes while preserving their FEIN, contracts, credit history, and bank accounts. If you are a Maryland business owner ready to escape high taxes and burdensome regulations, this presentation shows you the proven path forward. Learn more: https://www.cummings.law/redomestication/
What this episode covers
Attorney and CPA Chad D. Cummings presents this powerful presentation exposing how Maryland Governor Wes Moore's repeated promise to "leave no one behind" has failed the state's small business owners. From seventh generation farmers buried in overregulation to cafe owners facing skyrocketing electric bills and declining customers to Chesapeake Bay charter captains abandoned by state leadership, Maryland businesses are struggling under the weight of the state's largest tax and fee increase in history, a median property tax bill of $4,144, and combined state and local income tax rates exceeding 8 percent for many owners. This presentation reveals the ongoing exodus of residents and businesses to Florida and Texas, where property taxes are lower and there is no state income tax, along with strong asset protection and pro business policies. Learn how redomestication allows Maryland business owners to legally transfer their company's domicile to Florida or Texas without creating a new entity, without dissolution, and without triggering federal taxes while preserving their FEIN, contracts, credit history, and bank accounts. If you are a Maryland business owner ready to escape high taxes and burdensome regulations, this presentation shows you the proven path forward. Learn more: https://www.cummings.law/redomestication/
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"We’ve been abandoned": Some Md. business owners say Gov. Wes Moore left them behind
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