Wednesday, May 27, 2009

Maryland Millionaires Leaving State!

Maryland's idiotic Socialist Governor and Annapolis Democrats have raised taxes enough that 1/3 of our Millionaires have left the state. The only way to increase revenues are to CUT TAXES!


One-third of the millionaires have disappeared from Maryland tax rolls. In 2008 roughly 3,000 million-dollar income tax returns were filed by the end of April. This year there were 2,000, which the state comptroller's office concedes is a "substantial decline." On those missing returns, the government collects 6.25% of nothing. Instead of the state coffers gaining the extra $106 million the politicians predicted, millionaires paid $100 million less in taxes than they did last year -- even at higher rates.


When will they learn?