Apr 28, 2014
Sometimes the Maryland politicians say to us that the state doesn’t have a “business-friendly” climate.
The IRS must see it a little differently, since the 2013 tax tables showed Maryland took in the same amount from businesses – 2.6 billion dollars – as the states of Kansas and Arizona.
Yes, all three state governments took in the same amount in business taxes – but Maryland’s total taxes were much much higher. Maryland took in twice as much tax money as the state of Kansas, and it took in one and a half times as much in state taxes as Arizona.
The difference is that Maryland collects 95 percent of all taxes – 53 billion dollars – from us individual taxpayers. That sure seems quite friendly to business interests!