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Politics : Formerly About Advanced Micro Devices
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To: longnshort who wrote (483617)5/27/2009 2:21:58 PM
From: tejek  Read Replies (1) of 1575839
 
But as the state comptroller's office sifts through this year's returns, it is finding that the number of Marylanders with more than $1 million in taxable income who filed by the end of April has fallen by one-third, to about 2,000. Taxes collected from those returns as of last month have declined by roughly $100 million.

Many taxpayers in that bracket likely filed an extension and won't complete their returns until October, but a trend is emerging that indicates a "substantial decline" in the number of residents and small businesses with that kind of income, Comptroller Peter Franchot wrote in a letter to Gov. Martin O'Malley and legislative leaders.

So? They hired creative accountants and lawyers...or they moved to another state. What's new? The rich get richer.......
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