Wealthy taxpayers and job-creating businesses fled Maryland at an accelerating rate as then-Gov. Martin O’Malley implemented a long list of tax hikes during his first five years in the state capital.
More than 18,600 tax filers left Maryland with $4.2 billion in adjusted gross income from 2007 – O’Malley’s first year as governor — through 2012, according to a Daily Caller News Foundation analysis of the most recently available Internal Revenue Service state-level income and migration data. The wealth of the fleeing Marylanders increased significantly during that time.
O’Malley raised taxes 40 times at an estimated cost to Maryland residents of $9.5 billion. The O’Malley tax blitz is widely credited with the 2014 victory of Republican Larry Hogan, only the second GOP governor in the deep-blue state in nearly 60 years.
More
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
11 comments:
I changed my residency to FL in 2010. No state income tax and no snow to shovel.
He drove out the wealthy, the businesses, and some upper middle folks....while taxing everything to oblivion - and giving handouts to the lazy non-producing dumbocrat voters!
Imagine if this narcissistic goober got his greedy fingers in the Federal Budget.
And let the state with a deficit in spite of all the raises. Where the heck is the money going? Ever consider decreasing spending? Oops... I forgot. The liberal mantra is tax and spend.
And to think that idiot thinks people want him in the White House.
to think he still thinks he did a good job. barf!!!!
o'taxey
I told ya the most beautiful scene in the world maryland border in my rear view
It will take gov Hogan 3 terms to clean this mess up. And Omally thinks he could be president.
If your on the government dole your doing fine here but the private sector is getting hammered.
C'mon. Cut OweMalley a break.
He didn't want to buy furniture for his new mansion in Delaware in order to set a good example. So he and the missus settled for hitting a garage sale in Annapolis, and found some good buys on stuff you and I would call junk!
Post a Comment