Larry Hogan on How Maryland's Tax Rates Are Driving Jobs to Virginia
Maryland accounted for the largest taxpayer exodus of any state in the region between 2007 and 2010, with a net migration resulting in 31,000 residents having left the state. That's the position Maryland finds itself in after six years of damaging tax increases. Since 2007, taxes and fees have been raised 24 times, taking an additional $2.4 billion out of the economy each year. Where are these Marylanders going? To Virginia, writes Larry Hogan, where the taxes are much, much lower.