Get unlimited digital access to baltimoresun.com. $0.99 for 4 weeks.
News Opinion Readers 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 © 2015, The Baltimore Sun
Related Content
  • Unfilled jobs save the state money
    Unfilled jobs save the state money

    Letter writer William M. Libercci Sr. complains that he doesn't understand how eliminating unfilled state positions reduces the deficit ("Budgetary smoke and mirrors," Jan. 9).

  • O'Malley cost Md. jobs
    O'Malley cost Md. jobs

    Gov. Martin O'Malley blames the Maryland deficit on everything except his own actions as governor ("O'Malley legacy marked by gains, taxes," Jan. 20). Because of his excessive taxes on Maryland citizens and businesses, many have escaped this state and moved to other states including...

  • Hogan should set an example on pay cuts
    Hogan should set an example on pay cuts

    The Sun has reported that Gov. Larry Hogan has proposed cutting the pay for Maryland state employees ("Hogan tightening belt in Md. budget," compensation is the silliest item in the state's budget.

  • Md. is great for retirement
    Md. is great for retirement

    This letter is for Gov. Larry Hogan and those considering retirement in the great state of Maryland ("Hogan misses the difference between campaigning and governing," Feb. 4).

  • Can Hogan get state spending under control?
    Can Hogan get state spending under control?

    A recent report failed to recognize that the major contributors to Maryland's and every other state's fiscal problems are their government employee pension plans ("Business groups look to reduce tax burden for some," Dec. 5).

  • Turning a blind eye to mental illness
    Turning a blind eye to mental illness

    We were outraged to read that mental health funding was slashed by the Board of Public Works earlier this month in order to close a state budget gap ("Balancing Md.'s budget on the backs of the mentally ill," Jan. 21).

  • Three big ways Hogan can save tax money
    Three big ways Hogan can save tax money

    Dear Larry —

  • Good ideas for cutting spending
    Good ideas for cutting spending

    I liked Sen. Jim Rosapepe's commentary regarding the state budget and ways to reduce spending ("Three big ways Gov. Hogan can save tax money," Dec. 16). I hope Larry Hogan takes it to heart!

Comments
Loading