The year is 2002. Businesses are moving to Maryland and expanding by the score. Small businesses are appearing all over to fill the niches vacated by retreating big government and merging companies. Location consultants brag about Maryland. Poverty is down.
Employment is up.
The best and brightest from Maryland s colleges and universities remain in the state after graduation to accept meaningful employment. At last, executives boast about Maryland s business friendliness. It all began with a 10 percent cut in the personal income tax, proposed by Governor Parris N. Glendening and approved by Maryland s General Assembly in spring 1997. Fortune telling aside, we must ask ourselves, could this one bold move in our economic environment make that big a difference. In truth, Maryland does not compete with Nevada, Utah, Nebraska or Hawaii.