The Millionaire Tax worked out so well , they decided to lower the figure to 100,000.
Figured those people won't be willing to commute from the surrounding states .
state slogan " Maryland , It will cost you "
Maryland Imposes ‘Millionaires Tax’ on $100,000 Incomes
http://news.heartland.org/new...
Maryland’s Rich Fleeing State Over Taxes?
~ The Rebel ~
2012/07/11 01:56:24
A new report says wealthy Maryland residents may be moving out due to recent tax hikes – a finding that is sure to escalate the battle over taxing the American rich.
The study, by the anti-tax group Change Maryland, says that a net 31,000 residents left the state between 2007 and 2010, the tenure of a “millionaire’s tax” pushed through by Gov. Martin O’Malley. The tax, which expired in 2010, imposed a rate of 6.25 percent on incomes of more than $1 million a year.
The Change Maryland study found that the tax cost Maryland $1.7 billion in lost tax revenues.
Read More: http://visiontoamerica.com/10822/marylands-rich-fl...
Top Opinion
-
ray 2012/07/11 02:09:41
Figured those people won't be willing to commute from the surrounding states .
state slogan " Maryland , It will cost you "
Maryland Imposes ‘Millionaires Tax’ on $100,000 Incomes
http://news.heartland.org/new...