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Old December 6th, 2017, 08:24 PM #51
whistlersmother whistlersmother is online now
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Join Date: Jan 2013
Location: Fulton, MD
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whistlersmother whistlersmother is online now
Peace through strength
 
Join Date: Jan 2013
Location: Fulton, MD
Posts: 4,051
Quote:
Originally Posted by bkuether View Post
Nope, it's net MD state tax revenue loss. Housing taxes pay for county services, not state income. The*smart* person that left no longer pays MD taxes.

Regarding the housing, there are always people filtering into housing from renting, and filtering from smaller houses to larger houses. The net gain/loss for the county is essentially zero.

There would have to an exceptionally large out migration of people to affect the real estate tax. It would be driven by something negative that would keep people out of a particular area, such as nuclear accident or proximity, chemical spill, or perhaps a loss of a major employer.
Uh, I said the same thing, except for first sentence - there is no MD tax loss, not at state level and not at county level.

The *smart* person who left doesn't pay MD tax, but the person who replaces him does.

0 net effect to MD.

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