Tuesday, April 29, 2014

IRS NUMBERS SHOW INCOME TAX WINNERS AND LOSERS BY STATE

"In Maryland, media attention prompted policymakers in both parties to realize that a mass exodus of taxpayers harms the state and especially Baltimore, a case study in tax flight among major cities in the mid-Atlantic. While the most recent decline is less pronounced, the damage has already been done in high-taxed Maryland. From 2000 to 2010, the state lost $5.5 billion in taxable revenues. Gubernatorial candidate David Craig has announced a plan to reduce and eventually eliminate Maryland’s income tax “to keep families together.” A tenth-generation Marylander, he would prefer to keep his children and grandchildren in the state."

http://www.humanevents.com/2014/04/29/irs/

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