The number of Marylanders filing million-dollar tax returns went down again in 2009, according to figures from the comptroller’s office. In calendar year 2009, there were 4,134 returns showing net taxable income of $1 million or more, 798 or 16% fewer than there were in 2008, according to David Roose, director of the Bureau of Revenue Estimates. Roose produced the numbers at the request of MarylandReporter.com.
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Although I believe the business environment is NOT condusive to attracting and retaining businesses, I also know that when it comes to rich people and their accountants, statistics can be misleading, to put it mildly. take this report with a grain (or two) of salt.
ReplyDeleteThey are all moving to more "millionaire friendly" states and I can't say that I blame them.
ReplyDelete