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Wednesday, October 10, 2012

Maryland Gets Pummeled Again In Prominent Business Climate Index

Annapolis - Change Maryland responded to the Tax Foundation's annual release today of the 2013 State Business Climate Tax Index,  a widely-watched barometer of states' ability to attract companies and jobs.

Maryland's ranking of 41 again makes the dubious list of the 10 lowest ranked, or worst, states in the country. 

"Since 2007, in addition to losing 6,500 small businesses, Maryland has lost 31,000 residents of tax-paying households and 36,000 jobs, said Change Maryland Chairman Larry Hogan. "It's no coincidence that our lopsided tax code is causing this weakness in economic performance."

Under Governor Martin O'Malley, taxes and fees have been raised 24 times, removing an additional $2.4 billion out of the economy each year. 

The non-partisan Tax Foundation compares corporate, individual income, sales, unemployment insurance and property taxes among the 50 states. 

2 comments:

Anonymous said...

10-10-12
Can you expect ANY BETTER?
OWEMalley is the WORST example of a LAME DUCK DEMOCRAT in the USA.
Just go across the state line at Delmar and look at the companies that have migrated to Deleware because of the HOSTILE business enviornment that is the NORM in MD.
As with Ted Kennedy, I wish I could be there when O'Malley, Mike Miller and Mike Busch drew their LAST breath so when asked I could tell them I was there to take them to HELL where they BELONG and there was nothing they could do about it!

Anonymous said...

O'Malley looks at the report and laughs. It dosen't matter what he does to the working people of Maryland or beyond - he is a Democrat and Democrats don't give a rats ass about businesses leaving and the middle class being taxed and feed to death. The next election he enters all Dems will pull the D lever because they are sheep. And a lot of Independents are sheep also. So there...