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…
Income Tax
27 Articles
27
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Maryland’s Wealth Drain, Part Four
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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 Three
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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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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
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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
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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
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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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Moore’s Middle Class Tax Hike
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By Adam Pagnucco. Governor Wes Moore’s budget and tax package has been widely depicted as progressive in the media. And there is reason to believe that. Two of its more…
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Moore Tax Hike Targets MoCo
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By Adam Pagnucco. Maryland’s Bureau of Revenue Estimates (BRE) has released its analysis of Governor Wes Moore’s income tax package and it demonstrates an unsurprising fact: The governor has targeted…
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Elrich Wants Us to Be Like Virginia. Really?
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By Adam Pagnucco. It won’t be a surprise to Montgomery Perspective readers that County Executive Marc Elrich wants to raise taxes. After all, he has tried to do so before…