Governor candidate and Harford County Executive David R. Craig released the following statement regarding the Washington-based Tax Foundation's analysis of Maryland's small business taxes.
"Maryland punishes small businesses. With marginal tax rates for sole proprietorships and S-corporations the 7th highest nationally and the highest among all neighboring states in the region, the O'Malley-Brown Administration can take credit for driving away small businesses. Our state has lost small businesses at rates that are among the highest in the region under their term in office and high taxes are the reason."
3 comments:
The man has this right!
It's not just the taxes...the regulatory agencies can and do legally rob, blackmail and hold business owners, hostage. DLLR literally steals from business owners and our lawmakers enact legislation to allow it.
The unabashedly pro-business government here in North Carolina has just passed a whole series of lower taxes for small businesses so all I can say is an e-mail in business looking into relocating should check out North Carolina.
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