Can Maryland Tax Its Way to Prosperity?
The Maryland Public Policy Institute
Invites you to a policy forum:
Can Maryland Tax Its Way to Prosperity?
State tax collections are 53 percent higher than in 2000, yet Maryland continues to face $1 billion - plus structural deficits each year with no end in sight.
In the past decade, the state has turned to higher taxes as the only means to span the difference between spending and revenue. Large hikes in 2007 and again this year make the state's tax rates the highest in the region and some of the highest in the country. During this time, a steady stream of high earners has left the state, replaced by fewer people making significantly less money according to IRS and Census data. Is this cycle sustainable?
Join the Maryland Public Policy Institute to discuss whether raising taxes is the key to economic growth or a recipe for fiscal disaster.
Panelists:
Stephen Moore
Editorial board member and senior economics writer
The Wall Street Journal
Senator James Brochin, (D - Baltimore County)
Maryland General Assembly
Delegate Steven R. Schuh, (R - Anne Arundel County)
Maryland General Assembly
Joseph Henchman
Vice President of Legal & State Projects
Tax Foundation
Moderator:
Christopher B. Summers
President
The Maryland Public Policy Institute
Friday, May 18, 2012
The Maryland Inn
16 Church Circle
Annapolis, Maryland
Time: 12:00 to 1:30 PM
Refreshments will be served
To RSVP, please call (240) 686-3510 or email events@mdpolicy.org