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Political Discussion
Reply to "Maryland Losing More High Income Residents Due to Tax Rates"
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[quote=Anonymous]WEALTHY PEOPLE DO NOT LIKE PAYING TAXES Wealthy people usually have two homes. Florida is nice in the Winter. Claim Florida residence and save a fortune. I know of people that pay a friend to spend a preset amount of money each month (on a credit card) just in case they need prove they were in the state often enough to claim primary residence. If you don't think that this and a whole bunch of other shenanigans are going on then you're a fool. Maryland's tax structure is turning this practice into an Olympic event and is costing the state dearly. And for those that didn't know, Maryland's income tax rate is 6.25% on $1 Million and over. Do the math. [/quote]
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