Taxes and presidential aspirations are inflating in Maryland.
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The company seems to have a knack for anticipating future events in state government.
This is hardly an isolated incident. For example, campaign finance records show Energy Answers International donated $100,000 to the DGA on the same day O’Malley indicated publicly he would sign legislation worth millions to the company. And Chicago-based Exelon Corp’s support for the DGA increased tenfold when seeking approval from Maryland regulators for a merger with Constellation Energy Group. This is how O’Malley unapologetically conducts state business.
Maryland’s 6.9 percent unemployment is lower than the rest of the country, largely due the state’s closeness to the federal government, which spends billions in the state and employs many residents. Nonetheless, the state should be doing much better.
Instead, Marta Mossburg of the non-profit Maryland Public Policy Institute told TAS, “The state has more than 100,000 additional unemployed than when the recession started in 2007 and has a higher tax burden than its surrounding states, while ranking near the bottom in economic growth.” Mossburg added, “[Gov. O’Malley] has his own agenda, which is completely disconnected from economic reality.”
The Tax Foundation supports Mossburg’s claims, which shows Maryland with one of the worst outmigration problems in the country, losing $5.6 billion in tax revenue from 1999 to 2009. The tax foundation ranks Maryland’s tax climate as the 8th worst in the U.S., a statistic that O’Malley’s new proposals won’t improve.
With a 55 percent approval rating, O’Malley’s territory includes very friendly territory for a tax-raising, big-government agenda. And we will soon enough find out how well this worldview is accepted on a national stage.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
Was the President done in by the economy, or by the politics of the economy?