There are a few legislators in our General Assembly that could really benefit from this article in the Wall Street Journal about what happened when Maryland raised its state income tax to fill budget gaps. Believe it or not, tax revenues decreased as — get ready for the big shock — some rich people actually moved out of Maryland! Maybe Maryland can pass a law making it illegal to move out of Maryland. …
Get This Article To Jeff City, Stat!
Economy
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About the Author
David Stokes
David Stokes is a St. Louis native and a graduate of Saint Louis University High School and Fairfield (Conn.) University. He spent six years as a political aide at the St. Louis County Council before joining the Show-Me Institute in 2007. Stokes was a policy analyst at the Show-Me Institute from...