Maryland Taxpayers Association Board Member Jeff Ferguson weighs in.
Taxes matter. Don’t think so? Take a look at what occurred recently in Connecticut. General Electric announced that it is moving to Massachusetts, mainly because of taxes. Connecticut has been increasing corporate and individual taxes, but Massachusetts reduced some rates.
Massachusetts has shown a willingness to offer incentives to attract companies, but it also knows that it can afford to be a bit higher in taxes than some other states because it provides a skilled workforce and an appealing environment for younger, technology-oriented employees. Continue reading