Article

2012-07-10 Economy

In Maryland, Higher Taxes Chase Out Rich: Study

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Posted by Fred 2012-07-10 00:00|| || Front Page|| [3 views ] Top

#1 In some states, weather is a bigger driver of out-migration by the wealthy than taxes.

California being the obvious exception.

Posted by Besoeker 2012-07-10 03:26|| 2012-07-10 03:26|| Front Page Top

#2 The talk is the governor wants to run for president. I told people before he became governor hold onto your wallet. Hopefully these troubles will hold him back.

Posted by Dale 2012-07-10 06:41|| 2012-07-10 06:41|| Front Page Top

#3 Poor people vote with their feet. Wealthy people vote with their investments.

Posted by junkiron 2012-07-10 11:02|| 2012-07-10 11:02|| Front Page Top

#4 Look, when people want to move from CA to west KS, its not for the weather.

Unless you are into prairie fires and tornados; safer than high speed rail on a fault line I guess. Y'all tax refugees, not that I blame ya for flight, just...wipe your feet before showing up. The haughty attitude just does not fit the fact that, perhaps, the simple living is why the place you moved to is affordable. Culture is fine, snottery not so much. Simply put, your politics suck so don't bring them with you; if they were good you wouldn't have to leave.

Posted by swksvolFF 2012-07-10 14:27|| 2012-07-10 14:27|| Front Page Top

#5 I didn't see any links to the research in question, so I went to the site, Change Maryland. I don't see any research available, unless one classifies the facts under the "Stay Informed" link as "research." A quick reading suggests that the "research finding" is no more than a post-hoc, ergo propter hoc analysis of IRS migration data: Taxes rose, people left, therefore people left because taxes rose. A study in the true Woody Allen tradition: (a) Socrates is a man. (b) All men are mortal. (c) Therefore, all men are Socrates. Those of us who believe in smaller gummint have to do better than this.

Posted by Perfesser 2012-07-10 14:32|| 2012-07-10 14:32|| Front Page Top

#6 Well, you understand that in even astrophysics they rarely directly observe other planets orbiting stars. Rather they detect perturbations in the movement of the star and extrapolate data to determine the strongly suggested presence of the planet.

Now a while back some Donk pol decided to insult the nation's military by accusing its members of being 'tax evaders'. By the Sailors and Soldiers Civil Relief Act, they aren't required to pay income taxes to states they're assigned to per federal orders if their state of 'residence' [versus 'duty'] is not that same state. Seems a whole lot of military end up with 'residence' in states without income tax.

It's just not the 'rich'.

Posted by Procopius2k 2012-07-10 18:23|| 2012-07-10 18:23|| Front Page Top

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