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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Alighieri who wrote (833489)1/31/2015 12:14:28 AM
From: i-node  Read Replies (1) | Respond to of 1578969
 
>> Let's make sure we're on the same page...this is food as in groceries....yes? Alabama and Miss are the only two states that hit you at full fare.

Fair enough -- most states have now exempted or cut the rates for food, which is a fairly recent development in most states. I can recall when probably most taxed food.

Rather than take you off on the subject of states that tax, e.g., Rx drugs (one of which even charges a surtax on Rx drugs), let me say you were right, most states do not now tax food or don't tax it at the same rates. That's a good thing.

But it is worth mentioning that some of those who don't (like NY) are essentially bankrupt at this point. The state I live in has high relatively high taxes given median incomes; but the state isn't broke. Contrast that with, e.g., NY or IL, where taxes are high as hell and they are broke on top of that.

It is easy to single out something like taxation of food and say, "What idiots!" But when you recognize that some states tax damned near everything and still can't pay their bills. You can argue about whose mess is bigger. I find this attitude of taxing practically everything -- income, property, sales, gasoline, whatever you have -- to be fiscally stupid. Even if you exempt some things.