Maryland retains Aaa rating after debt ceiling agreement; Baltimore man starts viral “slow clap for Congress;” FAA shutdown is holding up $1 million in grants; Marcellus shale drilling regulations timeline makes sparks fly at meeting; state would be able to get money from Hagerstown solar project.
Day: August 5, 2011
Leaving state to avoid taxes is ‘a myth,’ study says
Higher state taxes don’t lead many residents to leave a state, including affluent taxpayers, a new study says. The report by the Center on Budget and Policy Priorities released Thursday uses several economic studies from academics and think-tanks to debunk the arguments that taxes drive people from states like Maryland, particularly the wealthy.
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