As property values drop, look for more of this. States will be fighting for survival. “With the General Assembly’s passage of the new 6.25 percent top tax rate on incomes above $1 million, and Gov. Martin O’Malley’s signing of the bill yesterday, Maryland has apparently become the first state to create an actual millionaires’ bracket.” (more…)
MD passes millionaire tax: The cost of being rich
April 9, 2008 · No Comments
Categories: Economy
