201479 Resource 160154 161269 161269 1207775380417 1207775380417 Controlled Virginia Welcomes Migration of Maryland Millionaires

New Millionaire Tax in Maryland May Cause some to Migrate to Virginia

<h2 style="MARGIN-TOP: 2px"><img title="Tax Time" height="209" alt="Tax Time" hspace="6" src="http://activerain.com/image_store/uploads/5/5/0/1/6/ar120777317561055.jpg" width="315" align="right" />It's mid-April.  Are taxes on your mind?</h2> If you're wealthy and live in Maryland, say hello to the first in the nation, Millionaire's Tax.  Signed into law yesterday by Governor Martin O'Malley, the legislation created a new tax bracket for those who earn over $1 million per year.  Approximately 6,000 Maryland households fall into this new tax bracket and are subject to a 6.25% tax rate. According to The Baltimore Sun newspaper, more than 40 percent of these wealthy households are in Montgomery County.  While Montgomery County is a great place to live and Maryland is a great state, many of those being hit with this new tax may decide to vote with their feet. <img title="Welcome to Virginia" height="147" alt="Welcome to Virginia" hspace="8" src="http://activerain.com/image_store/uploads/4/8/3/4/9/ar120777409894384.JPG" width="249" align="left" />Let me be the first to WELCOME YOU TO VIRGINIA.As you know, Virginia is just across the Potomac River from Maryland.  Northern Virginia offers wonderful amenities, parks, schools, history, culture, and an easy commute to D.C.  Homes in the upper brackets are plentiful throughout the area, especially in popular communities like McLean, Great Falls, Arlington, Alexandria, Fairfax Station, and more.  Another bonus of moving to Virginia -- how about in-state tuition at some of the best public colleges and universities in the country, including University of Virginia, James Madison University, and George Mason University.  Virginia has consistently ranked as the Best State for Business by Forbes Magazine year after year.Best of all -- Virginia does not have a Millionaire's Tax.  (Virginia's highest income tax bracket is 5.75%). Maybe it's time to contact your Maryland Realtor (I can offer some great suggestions) about selling your Maryland home and moving to Virginia.I'd be happy to help you find a Northern Virginia home and welcome you to our side of the river.Here's a few homes that might interest migrating Maryland millionaires:<a href="http://www.homesdatabase.com/brianblock/fx6720583" target="_blank"><img title="Luxury Homes in Northern Virginia" height="241" alt="Luxury Homes in Northern Virginia" hspace="6" src="http://activerain.com/image_store/uploads/9/3/3/1/9/ar12077743891339.jpg" width="366" align="right" /></a><a href="http://www.homesdatabase.com/brianblock/fx6720583" target="_blank">GREAT FALLS HOME ON 2 ACRES UNDER $2 MILLION </a><a href="http://www.homesdatabase.com/brianblock/fx6453337" target="_blank">MCLEAN CUSTOM HOME - 3 CAR GARAGE, 1/2 ACRE LOT </a><a href="http://www.homesdatabase.com/brianblock/fx6384453" target="_blank">ALEXANDRIA 5 BEDROOM 4 BATH COLONIAL W/LIBRARY & CHEF'S KITCHEN </a><a href="http://www.homesdatabase.com/brianblock/FX6631982" target="_blank">MCLEAN HOME W/ITALIAN MARBLE FLOORS -- 6 BEDROOMS 6 BATHS $2.5 MILLION </a><a href="http://www.homesdatabase.com/brianblock/AX6692241" target="_blank">CAMERON STATION, ALEXANDRIA 'CITY HOME' 4 BEDROOMS 4.5 BATHS FOR AROUND $1M </a><a href="http://www.homesdatabase.com/brianblock/FX6402153" target="_blank">GREAT FALLS BEAUTIFUL 5 ACRE HOME W/POOL & TENNIS COURT </a> <a href="http://www.searchhomesbyemail.com/" target="_blank">CLICK HERE TO START YOUR SEARCH FOR HOMES IN VIRGINIA IN ANY PRICE RANGE </a> 10 application/xml false alexandria april taxes best state for business brian block governor martin o'malley great falls homes for sale in alexandria homes for sale in great falls homes for sale in mclean luxury homes in northern virginia maryland millionare tax maryland realtor maryland taxes mclean million dollar homes in northern virginia millionaire taxation montgomery county millionaires northern virginia realtor tax rate marlyand virginia virginia instate tuition welcome to virginia Mozilla/4.0 (compatible; MSIE 7.0; Windows NT 5.1; .NET CLR 1.1.4322; .NET CLR 2.0.50727; IEMB3; IEMB3) 127.0.0.1 127.0.0.1 bblock 68.55.177.212 false true false false true 160154 blog blogsite/BrianBlock/web