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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Katelew who wrote (140850)	7/14/2010 9:28:07 PM
From: Mary Cluney	Read Replies (1) \| Respond to of 542946

<<<Tonight on the news at dinner, I heard that Texas was voted or selected as having the best climate for business.>>> WOW. That was a CNBC study. They have been doing this for FOUR years now. They give weight to a number of factors - like quality of life is one of them. Don't they execute a lot of people there. In any case, Larry Kudlow, Rick Santelli, Joe Kernan, Melissa Francis and that whole crew there must be very happy. Scot Brown's Massachusetts came out of nowhere to claim the number 4 slot on the list. Nah, I don't think politics had anything to do with this "study".<G>

To: Katelew who wrote (140850)	7/15/2010 2:00:56 PM
From: JohnM	Respond to of 542946

I couldn't get back to the link, but in surfing this weekend I came across something stating that NJ is not attracting new business and that there has been something of an exodus by the more affluent in the state. Do you know anything about this? It's a predictable refrain, Kate, everytime the issues of raising taxes on the wealthy and/or large corporations is on the table. I haven't seen a serious study in the last few years but early ones, in response to this kind of defensive talk, indicated it wasn't happening. To argue that seriously, one would need to take a careful look at the effect of various kinds of taxes. I don't think property taxes affect the wealthy nearly as much as the middle class. And my impression is that income taxes in Jersey are fairly low relative to several benchmarks. As for sales taxes, we are at the regional norm or slightly below. So I don't see the basis for the argument. Tonight on the news at dinner, I heard that Texas was voted or selected as having the best climate for business. Well businesses should look at where Texas ranks on public education, on public health, etc. If I were running a business, those would be very big variables.