Become a digitalPLUS subscriber. 99¢ for 4 weeks.
NewsOpinionReaders Respond

Eliminate Md. estate tax [Letter]

I have lived and paid taxes in Maryland for more than 50 years. Now, as I approach 80, I am faced with the prospect of leaving Maryland because of its confiscatory estate taxes ("Settling the estate tax," Jan. 16).

I'd prefer not to make this move, but the special needs of my children and grandchildren come first. This same sentiment motivated many of my senior friends to leave the state in recent years. As a result, Maryland will lose not only the one-time estate taxes, but is continuing to lose yearly income and sales taxes, charitable contributions and thousands of hours of volunteer service. The totality of these contributions dwarfs the $81 million in annual estate tax revenue that Maryland currently collects.

Maryland should follow the lead of states like North Carolina and eliminate its estate tax now. That would send an unmistakable message to seniors like me that a place I've loved and called home for so many years is no longer a place I must leave to die.

John W. Pettit, Easton

-
To respond to this letter, send an email to talkback@baltimoresun.com. Please include your name and contact information.

Copyright © 2014, The Baltimore Sun
Related Content
  • Maryland's unfriendly business climate kills another 1,000 jobs
    Maryland's unfriendly business climate kills another 1,000 jobs

    Maryland is incredibly unfriendly to business with its heavy burden of regulations, high taxes and an out-of-control minority business enterprise extortion process that enriches a few African-Americans without hiring the inner city minorities it is designed to assist ("The Bechtel blame...

  • Don't let Maryland turn into Illinois [Letter]
    Don't let Maryland turn into Illinois [Letter]

    On the same day that The Baltimore Sun publishes "As recovery continues, Maryland households fall behind" (Oct. 11), the newspaper also prints an article about the trucker shortage ("Trucker shortage looms large as Baltimore port eyes growth").

  • Spending cuts aren't cheap [Letter]
    Spending cuts aren't cheap [Letter]

    A reader argues that overspending is the problem in Annapolis ("Maryland's spending problem," Sept. 29).

  • Maryland's spending problem [Letter]
    Maryland's spending problem [Letter]

    Dreary job reports coupled with the news that Maryland is projecting $405 million in less revenue for the current fiscal year and the next has caused the O'Malley/Brown cheerleaders at The Sun to put on the pompoms and go into full attack mode ("Apocalypse? Not now," Sept. 26)....

  • Politics as usual on state budget numbers [Letter]
    Politics as usual on state budget numbers [Letter]

    Having spent 47 years in state and local government, I have a pretty good feel for impending fiscal year budget problems ("Apocalypse? Not now," Sept. 26). The very quietly issued projections for the next fiscal year for the state budget are concerning. That the state has already,...

  • High taxes = lost jobs = deficit [Letter]
    High taxes = lost jobs = deficit [Letter]

    Why doesn't The Sun ask Gov. Martin O'Malley if taxing the businesses that left the state or did not locate here in the first place because of the high taxes had anything to do with declining tax revenue ("The budget apocalypse that isn't," Sept. 26)? That will be the...

  • The budget apocalypse that isn't [Editorial]
    The budget apocalypse that isn't [Editorial]

    Our view: Are new revenue estimates a reason to look for spending cuts? Yes. Are they a repudiation of the O'Malley fiscal and economic legacy? Hardly

  • Why seniors leave Maryland [Letter]
    Why seniors leave Maryland [Letter]

    As a retiree who held his first job at age 11 and who worked and paid into Social Security for 50 years and into Medicare since it's inception, that obnoxious diatribe by William Smith is an affront to retirees everywhere ("Who needs those lazy retirees?" Aug. 19).

Comments
Loading