Democratic presidential nominee Sen. Elizabeth Warren of Massachusetts has recently drawn Americans’ attention to the top 1 percent with her proposal to increase the wealth tax for the ultra-rich. Many millionaires in Maryland could be affected by that, but wealthy Marylanders may also be facing a more immediate tax hike in 2019.
In 2018, New Jersey took Maryland’s spot as the top state for millionaires per capita, while Maryland fell to number four. It’s no secret why many millionaires left Maryland.
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