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RS data again shows taxpayers leaving Maryland

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Recently released data from the IRS shows that about 5,500 more taxpayers left Maryland in 2012 than moved to the state.

Long-cited by tax critics as annual data that show the migration of taxpayers to lower-taxed states, some experts caution that not too much should be read into year-to-year changes.

“The IRS data presents a snapshot in time for Maryland,” said Daraius Irani, chief economist at the Regional Economic Studies Institute of Towson University. “While many would argue that aha, ‘MD is a high tax state and therefore people are leaving as a result,’ this is a fallacy as it confuses causality with correlation.”

Read full article here from Maryland Reporter

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