Montgomery County (MD) Taxpayers League | The Voice of Montgomery County Taxpayers

Archive for November 10th, 2011

Nov/11

10

“Virginia goes after Maryland jobs”

From the Washington Examiner of November 10, 2011:

Virginia consistently ranks higher than Maryland in surveys examining states' business friendliness. The commonwealth's corporate tax rate, at 6 percent, is 2.25 percentage points lower than Maryland's.

"An even larger gap exists between the states' personal income tax rates, with Maryland's rate approaching 10 percent when the local "piggyback" tax is included, compared with Virginia's top rate of 5.75 percent.

Read the full story at the Washington Examiner.

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