Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: Dracin72 who wrote (16438)	4/27/2017 4:06:29 PM
From: neolib	Read Replies (1) \| Respond to of 365155

en.wikipedia.org retirementliving.com theatlantic.com

To: Dracin72 who wrote (16438)	4/27/2017 6:32:59 PM
From: combjelly	Read Replies (1) \| Respond to of 365155

What is the largest state economy in the US? Don't you live in California? How are the taxes in that state? Same answer. What is the level of welfare in that state compared to other states? You should know that one, too. What states receive more from the federal government then they actually put in? Poor ones. But, lets look at number 2, Texas. By most of the measures, it is the opposite of California. So, what conclusion can be drawn? Well, high taxes, at least within reason, don't seem to hurt the economy. Having a solid tech industry seems to help a lot. The Texas economy started to really take off once it started investing surplus revenues during the Boom Time in tech. Of course, that was when the state was under Democratic control and worshipping tax cuts instead of investing wasn't the ruling mindset. But, the damage was done and Houston, Dallas and Austin are solidly blue because of it. Austin had always leaned that way, but Houston and especially Dallas didn't.