Monday, June 10, 2013

Week Ahead

Last week we blogged about Maryland's economic growth in 2012.

Also last week, the Tax Foundation released a study that named Maryland the most generous state, based on percentage of state taxpayers claiming charitable deductions on their 2012 returns.Over forty percent of Marylanders took this deduction last year, with a median charitable donation of $2,969 and an aggregate state contribution of nearly $4 billion. (Note that MBTPI and others have  shown that the Tax Foundation's Business Tax Climate and "Tax Freedom Day" studies are not a good guide to states' tax policies. This data from the the Tax Foundation on charitable deductions is okay).

Additionally, the Bureau of Labor Statistics (BLS) released its monthly employment figures last Friday, showing the nation's private sector added 178,000 jobs in May. Workforce participation and unemployment both grew by 0.1 percent last month as more people sought work.

For the week of June 10th through June 16th:

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