SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (566972)5/18/2010 1:56:48 PM
From: Tenchusatsu3 Recommendations  Read Replies (2) | Respond to of 1582684
 
Tim, don't show that to Ted, Alghieri, and other liberals who think CA is a low-tax state thanks to Prop. 13.

They need to remain in their ignorance for health reasons.

Tenchusatsu



To: TimF who wrote (566972)5/22/2010 7:08:56 PM
From: Brumar891 Recommendation  Respond to of 1582684
 
States With No Income Taxes Outperform States With Income Taxes.

Keep Taxes Low & Grow-

Some undeniable stats that really should undermine any support for an income tax in Texas or the other 8 states without personal income taxes-- ever:



willisms.com

For total GSP growth, the states with no personal income tax rate (PIT) have on average outperformed those states with the highest PIT rates by 26.5 percentage points over the past decade; they have outperformed the U.S. average by 20 percentage points.
....

For those states with no personal income taxes, average population growth over the past decade was about 15.95 percent, or 9.6 percentage points higher than the average of those nine states with the highest personal income tax rates, almost 6 percentage points higher than the U.S. average...

....

And, for non-farm payroll employment growth, the average difference was a similar 9.76 percentage points higher (18.2 percent versus 8.44 percent) for the states with no income taxes versus the highest personal income tax rate states, almost 8 percentage points for the U.S. average.

Data.

Let's pay attention to it every now and then.

willisms.com