Annapolis, MD - Maryland accounted for the largest migration exodus of any state in the region between 2007 and 2010, with a net migration resulting in nearly 31,000 residents having left the state. Where did most of them go? Virginia. Virginia is now home to 11,455 former Marylanders, taking $390 million from the tax rolls during this three-year period.
The Old Dominion can claim these former Maryland revenues as part of its expanding tax base. Following Virginia, Marylanders opted for North Carolina.
"What happens when you raise taxes and fees 24 times?," asked Change Maryland Chairman Larry Hogan. "You get people voting with their feet and moving to tax-friendly states." Since 2007, Governor O'Malley has raised taxes and fees 24 times, taking an additional $2.4 billion out of the economy each year according to a Change Maryland analysis based on state government reports.
The analysis, from the non-partisan Tax Foundation, examines IRS tax return data to determine where individuals are filing.
In the region, Delaware, Virginia and West Virginia increased the number of tax filers. The District of Columbia and Pennsylvania lost tax filers, although in these jurisdictions the loss was not nearly as dramatic as in Maryland. The District lost just over 1,100, while Pennsylvania lost just over 8,200.
Nationally, Maryland did not fair much better either. Maryland joins high-taxed, rust belt states including New York, California, Michigan, Illinois, Ohio and New Jersey among states with largest mass exodus between 2007 and 2010. Maryland saw the seventh-highest negative net migration after these states.
In all, Maryland lost $1.7 billion form the tax base due to out migration during this three year period.
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
and wico co. is no better.
ReplyDeleteWhat about the rest of us that want to leave? The economy is in such pain that we need to jobs we have here, there are no alternative jobs available, and no way to sell our depressed properties here!
ReplyDeleteThe idea that this is all due to taxes is ridiculous. For every person who migrated because of the tax burden, i'll bet there are two who moved for some other reason...including climate.
ReplyDeleteWell guess we know taxes are going up since they lost tax money since they tax people so much. Really makes sense doesn't it?
ReplyDeleteIf I could,I would move to Florida.
ReplyDeleteSounds like the rednecks are escaping to a more sympathetic habitat.
ReplyDelete10:02 wake-up and smell the coffee. if you would do your homework you would see that this same migration has been taking place in ALL the "liberal leadership" states. of course this is to their detriment, but remember, they are liberals and don't understand how economics truly works.
ReplyDeletevote Republican in november.
Maetin Odontcare democrat OMalley.DELAWARE LOOKS TOO.
ReplyDeleteThe only thing that has kept my wife and I here is the inability to sell our Fells Point home due to the horrendous housing market. I'd love to get out of this state (and I'm a life-long Marylander.)
ReplyDelete