Maryland’s business reputation is struggling due to a mix of high taxes, burdensome regulations, slow and unpredictable permitting processes and outdated infrastructure that make it difficult for companies to start, grow, or expand. Many business leaders view the state as overly cautious and resistant to innovation and risk, contributing to the loss of investment and jobs to neighboring states with more streamlined and supportive environments. Restoring Maryland’s competitiveness will require deliberate action from policymakers to modernize regulations, simplify permitting processes and prioritize workforce and infrastructure investments.
Bottom line: By fostering a culture that welcomes entrepreneurship and signals that Maryland is open for business, the state can rebuild confidence, attract new industries and position itself as a hub for sustainable economic growth.
