By Adam Pagnucco. An analysis by the State of Maryland’s Bureau of Revenue Estimates (BRE) indicates that Montgomery County residents will pay nearly half of the state income tax increase…
Income Tax
20 Articles
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It’s Not Over
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4 Min Read
By Adam Pagnucco. Fresh off raising taxes by $1.6 billion a year, state legislators have left Annapolis with their work done – for now. But a new review of their…
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Maryland’s Wealth Drain, Part Six
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By Adam Pagnucco. Part One explained the context of this series and some characteristics of the IRS taxpayer migration data on which it relies. Part Two revealed that Maryland is…
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Maryland’s Wealth Drain, Part Five
2 Min Read
2 Min Read
By Adam Pagnucco. Part One explained the context of this series and some characteristics of the IRS taxpayer migration data on which it relies. Part Two revealed that Maryland is…
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Maryland’s Wealth Drain, Part Four
1 Min Read
1 Min Read
By Adam Pagnucco. Part One explained the context of this series and some characteristics of the IRS taxpayer migration data on which it relies. Part Two revealed that Maryland is…
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Maryland’s Wealth Drain, Part Three
2 Min Read
2 Min Read
By Adam Pagnucco. In Part Two, we learned that Maryland is the only U.S. state to rank in the top six in household income, the top three in education levels…
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Maryland’s Wealth Drain, Part Two
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1 Min Read
By Adam Pagnucco. Before we delve into Maryland’s net migration of taxpayers, let’s examine three economic characteristics of the state. First, Maryland is a high-income state. The charts below show…
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Maryland’s Wealth Drain, Part One
2 Min Read
2 Min Read
By Adam Pagnucco. Maryland is one of the wealthiest states in the nation, regularly finishing near the top in average income statistics. It also has a gigantic structural deficit reaching…
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How is This Progressive? Part Two
3 Min Read
3 Min Read
By Adam Pagnucco. In Part One, a Montgomery County taxpayer making roughly $55,000 a year calculated that she would pay nearly four times more in income taxes if Governor Wes…
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How is This Progressive? Part One
2 Min Read
2 Min Read
By Adam Pagnucco. Many, perhaps most, Democratic state elected officials in Maryland think of themselves as progressive. And the notion of progressive taxation has been used to market Governor Wes…
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