Marylanders Flee O'Malleys Tax Hikes - $1.7B in lost revenue from 2007-2010 (Baltimore: daycare, loans)

[$mk8795]

Originally Posted by NJ2MDdude

There's no need to choose Mississippi when Virginia or even North Carolina are more appropriate alternatives to Maryland.

This is all in attempt to reduce population growth in Maryland due to Political Favortism to Virginia and North Carolina...........

[BMORE]

It's funny that everyone keeps saying Maryland growth is slow when in fact it's the fastest growing state (population wise) in the North East. I'm sticking to my guns that the wealthy should pay more than the lower and middle classes, but I can agree that corporate tax in Maryland should be lowered. I also say Baltimore City taxes should be lowered on the low and middle classes to attract more residents into the city. I can say that unnecessary spending needs to stop, not just in Maryland but in the entire US.

[North Beach Person]

Originally Posted by $mk8795

This is all in attempt to reduce population growth in Maryland due to Political Favortism to Virginia and North Carolina...........

You really don't read any of the State of Maryland Department of Planning population projections for the next 20 years do you?

The most recent one released range from 800K-1.3M net in-migration/population increase by 2030. That has absolutely nothing to do with your nonsense rantings and paranoia about VA which has now been expanded to include NC.

[phlinak]

Originally Posted by Trace21230

They are, read the article.

Let's try reason. Put down the Democrat koolaid for one moment and ask yourself a few questions. Is that good for the state? Is it good for you? Who is going to make up the revenue lost now that so many "wealthy" Marylanders have left? Why did they leave? Is it because of policies enacted by the one-party government in this state? Is your life better or worse because of the government having raised taxes 23 times in the past 6 years?

Or, ignore the questions, don't think, and keep re-electing the same buffoons year after year. I don't care - as soon as I retire I and my wealth will be "fleeing" Maryland along with all the others who already have. I'd love to stay, but can't given the one party thievery that is a seemingly permanent fixture in Maryland.

It sure would be nice if Maryland had a two party system. But it never will because of the lockstep entitlement crowd.

Uh...we tried that once.

Does the name Ehrlich ring any bells?

Because of his administration (or lack thereof), Governor O'Malley had to implement the tax raise to try to close the budget gap that Ehrlich left.

Remember?

[North Beach Person]

Originally Posted by phlinak

Uh...we tried that once.

Does the name Ehrlich ring any bells?

Because of his administration (or lack thereof), Governor O'Malley had to implement the tax raise to try to close the budget gap that Ehrlich left.

Remember?

Deficit from Ehrlich? Try a surplus. Which O' Malley spent so fast that he had to call a special session to cut $500B from the budget. That session ended up with an increase in spending of $2B.

Any deficit from Ehrlich was the out year structural one, which everyone acknowledged, caused by the Thornton Bill, passed under Glendening, that increased school spending. It was passed with no funding attached. Which was one way to making the re-introduction of casino gambling more palatable.

National Taxpayers Union Foundation - Maryland's Fiscal Folly: The Taxpayer's View

Md. budget surplus good for county - Herald-Mail

Ehrlich urged to use budget surplus for schools - Washington Times

[phlinak]

Originally Posted by North Beach Person

Deficit from Ehrlich? Try a surplus. Which O' Malley spent so fast that he had to call a special session to cut $500B from the budget. That session ended up with an increase in spending of $2B.

Any deficit from Ehrlich was the out year structural one, which everyone acknowledged, caused by the Thornton Bill, passed under Glendening, that increased school spending. It was passed with no funding attached. Which was one way to making the re-introduction of casino gambling more palatable.

National Taxpayers Union Foundation - Maryland's Fiscal Folly: The Taxpayer's View

Md. budget surplus good for county - Herald-Mail

Ehrlich urged to use budget surplus for schools - Washington Times

That increase was due to things like the recession and the return to a normal and necessary level of funding for things like highway repairs and expansions that had been neglected under Ehrlich's governorship.

[North Beach Person]

Originally Posted by phlinak

That increase was due to things like the recession and the return to a normal and necessary level of funding for things like highway repairs and expansions that had been neglected under Ehrlich's governorship.

I guess you missed the part that Ehrlich increased State spending at a higher rate than even Glendening. I saw more roadbuilding in SoMD during Ehrlich's 4 years than I've seen in O' Malley's 6. The last couple years have been from stimulus money. At least that's what the signs say.

Let me tell you about O' Malley's "roads" program: 95% funding cut to local government's HUFs. Then there's State Aid for Police, cut 90% on average and zeroed out for most municipalities. Then there's the flush tax, which doubled. And will have to double again to cover all the new regulations being promulgated by the Department of Planning. Have you taken a look at WIP? Get ready to see your sewer bills double and double again and then double again.

[vicnice]

Originally Posted by kapetrich

Proportions.

Proportional to income 'the rich', of which I'm a member of, pay very little.

I look at my tenants (friends I moved out here with from MD) taxes. Do I pay more? Sure, because I make a lot more.....but proportionally to my income? Not even close. My tenants (friends), who work 50+ hour work weeks making 40-50k a year, are the ones doing the heavy lifting, not me and my kind.

It's sad.

Fairness is key. It sounds trite, but there's a good reason why the NFL is so successful. (I'm not a fan, for the record)

But hey, I'll keep voting to help extend my wealth in the very long term because its the right thing to do for me and mine for generations - the more fair and well off everyone else is the better me and my family do, long term - but have to sit back and watch our country continue to give people like me breaks and amazingly short term gains (5-30 years) without much long term stability or future growth.

Read up on the America car industries collapse. It gives you a good frame work for what's in our countries future. Short sided policy yielding amazingly huge short term gains for the few. Long term? Well, who cares.....we're making hand over fist, NOW!

Proportionally and amount based the rich pay more. That's what tax brackets are for. Take a look at your tax return and compare that with someone that makes 40K. You will see. Income * eliminates* the rich from tax deductions. The rich always pay more. I am not even stating opinion this is fact. 1% carry HALF of Americas tax burden. What more do you want??

Look at a tax return of someone that actually makes 40-50k. With a mortgage, children and other dedications you will pay hardly anything.

"The rich don't pay taxes" is just today's version of McCarthyism/witch hunt".

[vicnice]

Originally Posted by kapetrich

Read up on the America car industries collapse. It gives you a good frame work for what's in our countries future. Short sided policy yielding amazingly huge short term gains for the few. Long term? Well, who cares.....we're making hand over fist, NOW!

P.S. the car industry failure read was not bad. Thanks for the reference.

[kapetrich]

Originally Posted by vicnice

Proportionally and amount based the rich pay more. That's what tax brackets are for. Take a look at your tax return and compare that with someone that makes 40K. You will see. Income * eliminates* the rich from tax deductions. The rich always pay more. I am not even stating opinion this is fact. 1% carry HALF of Americas tax burden. What more do you want??

Look at a tax return of someone that actually makes 40-50k. With a mortgage, children and other dedications you will pay hardly anything.

"The rich don't pay taxes" is just today's version of McCarthyism/witch hunt".

Yes, we have a progressive tax rate - I'm well aware. I'm talking about two people without mortgages (they can't afford them) and without kids, like myself. In this comparison they do not pay less than me proportionally. I make money off investments.

Without going into too much personal detail: I do not 'work' because I am discouraged BY our tax code - aka, if I worked a standard job, as you very well point out, I would pay a high tax rate on this income without deductions due to other income revenues. I'm not sure you fully grasp who or what 'the rich' (whatever that means) have. They don't live life like most Americans and, as Mitt Romney highlights so well, avoid 'real' income at every turn.

No one claimed the witch hunt you describe. I never claimed I, meaning 'the rich', do not pay taxes - I do, they are just not proportional, fair, etc.. I claimed that while the numbers reflect the rich pay the bulk of taxes, when context is introduced it is far less true.

Again, if you want to believe that I pay the bulk of taxes in this country, go right ahead. Like I said, this attitude will grow my wealth exponentially over the short term.

Glad you liked the US car industry reference. It's a good template on short sided economics and policy.