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Taxation & Estate Planning

: TaxProf Blog

WSJ State Tax Editorials: Maryland, New Jersey

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Maryland's Miilionaires Go Missing: Maryland couldn't balance its budget last year, so the state tried to close the shortfall by fleecing the wealthy. Politicians in Annapolis created a millionaire tax bracket, raising the top marginal income-tax rate to 6.25%. And because cities such as Baltimore and Bethesda also impose income...

Full post as published by TaxProf Blog on May 26, 2009 (boomark / email).

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