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| Economy |
| "Tax the rich to/Feed the poor/'Til there are no/Rich no more/Tell me where is sanity?" |
| 2009-05-14 |
| Jim Geraghty, "Campaign Spot" @ National Review One year after Maryland instituted a special tax on millionaires, the number of millionaires, according to tax records, has dropped from about 3,000 to about 2,000. The Baltimore Sun: "Taxes collected from those returns as of last month have declined by roughly $100 million." The local Chamber of Commerce argues that it's because the millionaires are moving away to Virginia and Pennsylvania (easier in Maryland than in some other states, since it's so small). State officials say it's too early to tell. Uh-huh. |
| Posted by:Mike |
| #3 The rich can ALWAYS find a haven, be it Monaco or Switzerland or the Bahamas or the halls of congress. Don't be a bit surprised when this is written into the federal tax code......along with opt outs for the politically connected. |
| Posted by: AlanC 2009-05-14 13:25 |
| #2 Refuge in PA will be short lived. Don't know if I trust VA either. |
| Posted by: regular joe 2009-05-14 12:28 |
| #1 Surprise, surprise!!! |
| Posted by: Ebbang Uluque6305 2009-05-14 11:35 |