Roy T. Meyers, Political Science, in CityBizList

In a new article on CityBizList, Roy T. Meyers, professor of political science, responds to the publication’s previous coverage of “tax flight”—the idea that the very wealthy move from state to state in search of more favorable tax structures. Although taxes for the most wealthy are lower in Florida than in Maryland, Meyers argues, “That a few millionaires might be tipped to declaring residence in Florida by a 1% increase in their marginal tax rates is not materially relevant in the accounting sense.” Additionally, Meyers suggests, one must take note of the unique financial benefits of living in Maryland, such as access to federal government contracts and a well-trained workforce with technical expertise.

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