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Did your neighbor tell you what their purpose is?
The savings grace is all these folks without power for a week will have smaller utility bills to pay!!
They're also doing their part in the War on Global Warming (tm).
I await the outcry about the AGW issue which is surprisingly quiet given the hot weather and warm winter.
you're a day late, Tag. lol.
This Summer Is 'What Global Warming Looks Like'
No clue. I only talked to his wife. Will let you know if I find out.
We all knew this but good that it's getting some play in the media
From Yahoo! Finance: A new report says boosting taxes on high earners has chased residents out of Maryland and cost the state revenue.
"There is no evidence that tax structures are a significant determinant in their location choices," Bergsman said.
I'm not sure how anyone could make this argument with a straight face. I personally know many people who live in PA or DE and commute into Maryland to avoid taxes. PA not taxing retirement income is a huge reason. Not sure what Delaware's rules on retirement income are, but they must be better than here.
Hell, I know a guy who lives in PA and commutes to DC every day. It sounds like insanity, but he's pretty close to retirement, so he only has to do it for a little while longer. He bought place right over the border across I-81 and van pools down every day. No evidence my ass!
Anecdotal evidence is not evidence according to the Governor :fingergun
Bergsman makes the argument because he is he is a paid mouth piece who does care what he says so long as he makes those who pay him happy. There is irrefragable evidence to support that several hundred high income families moved from Maryland to avoid the surtax. The evidence was contained in the initial statement that the 600 or so families with applicable incomes filed NO tax returns in Maryland the year following the implementation of the surtax.
Is it ALL retirement income or just Federal retirement income which PA does not tax?
Call me a relic, call me what you will,
Say I'm old-fashioned, say I'm over the hill....
Honestly, I did not know that. Hooray for us liberals, it's 100% our fault your commute sucks!
Detroit Hustles Harder
A penny pinching friend of mine was an NSA analyst. When he retired, he had a choice to live in any State in the mid-Atlantic area (for family reasons). He reviewed state income tax laws vis retirement annuities and picked Delaware over Pa and Md.
But he has to live in fucking Delaware, which is great if you hate doing things.
I grew up on the Shore, there's not a chance in hell I'd ever actually choose to live in Delaware.
LOL at people that think it's the state/local spending and taxes that make it a great place to live. It's the luck of history, climate, and geography, not how hard you get fucked up the ass. These idiots further believe that it's the proper thing to screw taxpayers over based on such things. Dumbasses.
Saw a state highway truck on 83 heading home to PA last night(see him a couple times a month) and I thought of this thread...I am also seeing a ton more 'contractor' type pickup trucks and companies with PA plates around the northern beltway
"Governor becomes popular face on talk shows, potentially the 'Chris Christie of Democrats' "
We talk to show hosts and executive producers about O'Malley's TV image and what he brings to the network and cable news talk show table
Pleased to meet you; hope you guess my name.
He's the head of the Dem Guvners, that has to be why he's been on TV more than he ever should be in a sane world.
News reporting today that State of MD has lost more jobs in the last year than any other state
Despite a zillion Fed jobs where you couldnt get fired if you showed up with no pants.
I'd like to see the details in the report, guessing Del and VA maybe picked up many of those MD lost?
Public sector has lost almost a million jobs in the past couple years while the private sector gained over 4 million. I would imagine the majority of Maryland's job losses come from the public sector as well.
Residents getting what they deserve. 2016 dem nomination is going to be a blast to watch.
Go away, KA!
Didn't see this post and link earlier. Great data set! Love these types of figures, good to see see actual flows of people between states and relation to AGI during the same time period.
Think the most relevant data, if we are specifically discussing O'Malley, is whether there are any noticeable differences between 2007-2010 (a relatively short term, as Gov), in comparison to the 1993-2006 data. Keep in mind that this is measured in net returns (not actual migrations). AGI can swing dramatically based on even 1 person moving (i.e., if there is only one migration from MD to PA and it's a billionaire, the swing is huge). While you certainly don't want your billionaires moving elsewhere because they feel overtaxed, is that more important than seeing 50,000 middle income families move? Tough to tell.
State, migration route, Net Returns/Years AGI/Net Return
VA, OUT, 1524, $64.43
WV, OUT, 646, $46.13
PA, OUT, 507, $120.95
DE, OUT, 401, $100.71
State, migration route, Net Returns/Years AGI/Net Return
VA, OUT, 943, $77.97
WV, OUT, 729, $62.26
PA, OUT, 139, $368.67
DE, OUT, 485, $66.51
What I *think* I can grab from this data on the surface (and again, we have to be careful when it comes to averages), is that the rate of (taxable) net migrations per year to PA and VA jumped significantly over the last 4 years, decreased slightly to DE, and decreased to WV. At the same time, here's what we're seeing for each state:
1. the average AGI/net return decreases in VA, meaning that despite the jump in returns, AGI is falling per return. i.e. the income of the average person moving from MD to VA has decreased..
2. the average AGI/net return decreases in WV. Even with a decreased rate of migration of taxable citizens, AGI is falling per return. i.e. the income of the average person moving from MD to WV has decreased.
3. the average AGI/net return decreases significantly in PA. There is a significant change in the rate of migration of taxable citizens, but AGI per return falls sharply. i.e. the income of the average person moving from MD to PA has decreased over the past 4 years.
4. the average AGI/net return increases in DE. Even with fewer migrations per year over the last for years, the income of the average person moving from MD to DE has increased.
Only issue with this data - incomes probably fell across the board in 2008. It might be tough to adjust for the recession. But at the same time, we do see that Delaware's average AGI increases over those four years compared with 1993-2006, while the other states decrease over the same time period comparison.
SO, back to the initial issue: can we say anything about O'Malley's policies based on this? Taxes are a big part but certainly not the whole story when it comes to migration patterns. And can we say that even 3 years in office results in a ton of people moving? That's a big assumption.
I think we can say that while we have more people moving from MD to PA and VA, average income of those returns is less (which may mean lower income people are moving). At the same time, we can point to DE and WV and say less people are moving there than in the previous 14 years, but the people moving to DE on average have higher incomes, and the people moving to WV on average have lower incomes.
Is the problem not that higher income people are moving out, but that incomes, in general, are moving out? That might be the bigger issue, but it's tough to pin that on O'Malley specifically with the data set we have here.
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