According to the Cato Institute, a non-profit, libertarian think tank, has rated Martin O'Malley as the worst governor in the nation on fiscal issues in their 2008 Governor fiscal policy review. They gave O'Malley a rating of F with a score of 23, stating that his fiscal policies were awful for Maryland. Here's a quote --
The lowest-scoring governor, Martin O'Malley of Maryland, spearheaded the passage of a $1.4 billion tax increase in 2007, which was unique in its large size and scope. It increased the corporate tax rate, the top personal income tax rate, the sales tax rate, and the cigarette tax rate. This enormous increase will hit Marylanders directly in the pocketbook, and indirectly through slower economic growth over time.For comparison, Ehrlich got C's throughout his term in office. About average for the nation, not amazing, but not terrible considering what we have now. Let's see how he fares as he tries to push a Constitutional amendment to keep up with his spending.