David Craig on Tax Foundation Analysis of Maryland's Small Business Taxes

For release: 9.10.13

Contact: Jim Pettit

301.704.1363

@jamesmpettit

Governor candidate and Harford County Executive David R. Craig released the following statement regarding the Washington-based Tax Foundation's analysis of Maryland's small business taxes. 

"Maryland punishes small businesses. With marginal tax rates for sole proprietorships and S-corporations the 7th highest nationally and the highest among all neighboring states in the region, the O'Malley-Brown Administration can take credit for driving away small businesses.    Our state has lost small businesses at rates that are among the highest in the region under their term in office and high taxes are the reason."

###

Background:
http://taxfoundation.org/blog/monday-map-top-marginal-tax-rates-sole-proprietorships-and-s-corporations