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Rich States, Poor States
Wall Street Journal ^ | Thursday, January 25, 2007

Posted on 01/24/2007 10:51:50 PM PST by MinorityRepublican

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To: metesky

Well, that was slightly before my time.

If they hadn't, I thank you for helping blaze the trail. ;-P


21 posted on 01/25/2007 3:34:05 AM PST by FreedomPoster (Guns themselves are fairly robust; their chief enemies are rust and politicians) (NRA)
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To: MinorityRepublican

I hope Ohio is watching this, but somehow, I would guess that they are not. If they couldn't do it under Taft, I doubt that Strickland will be pushing a tax cut.


22 posted on 01/25/2007 3:39:58 AM PST by meyer (Bring back the Contract with America and you'll bring back the Republican majority.)
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To: durasell
You can deduct your state taxes from your fed taxes and keep your money local.

Not exactly - you can deduct your state taxes from your federal taxable income and keep a portion (depending on your tax bracket, 10%, 15%, 28%, etc.) local. For a guy like me in the 25-28% bracket, I need to pay $1000 in local taxes to save $250-280 in federal taxes. That's not a good deal - I'd rather pay $0 in local taxes and not get the deduction - I'd be $720-750 ahead.

23 posted on 01/25/2007 3:45:05 AM PST by meyer (Bring back the Contract with America and you'll bring back the Republican majority.)
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To: MinorityRepublican
Meanwhile in NJ, Governor John Corzine was seen at the loading dock of the State house, loading what appeared to be a kitchen sink into a van belonging to a senior member of the state's powerful communications workers union.

For years now CWU and NJEA vehicles have been common in the area, but no one in the media has been able to figure out exactly what they were taking. This recent event makes it clear that they were taking everything.

24 posted on 01/25/2007 3:45:54 AM PST by tcostell (MOLON LABE)
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To: MinorityRepublican

N. Carolian is debating a couple of "temporary" taxes that are due to expire this year but lo & behold, the politicians can't sem to make do without the money. Shocking!


25 posted on 01/25/2007 3:50:50 AM PST by StoneColdTaxHater
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To: trumandogz

That is better than paying $3000 in property tax and $7500 in state income taxes.


26 posted on 01/25/2007 3:57:57 AM PST by GeorgefromGeorgia
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To: meyer

For states on Federal Life Support, like Alabama, etc., the rich states raising taxes means less money to them unless there's a Fed tax increase.


27 posted on 01/25/2007 3:58:19 AM PST by durasell (!)
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To: trumandogz
Tennessee has no state income tax, and the property taxes are not too bad. On a 225,00.00 home, on an acre of land, the taxes are about 1,700.00.
28 posted on 01/25/2007 4:06:25 AM PST by Coldwater Creek (The TERRORIST are the ones who won the midterm elections!)
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To: trumandogz

I forgot, Texas does not pay food tax. That could really add up.


29 posted on 01/25/2007 4:07:28 AM PST by Coldwater Creek (The TERRORIST are the ones who won the midterm elections!)
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To: durasell

I wonder if anyone has forwarded this article to Governor Lynch and the Commurat legislature up here in NH--they seem hell bent on passing a broad-based income tax, a sales tax, or both.

Live free or die, my butt.

And even tho I pay 4500 a year in property taxes in NH, it's still a heck of a lot better than the 9.3% income tax, 8% sales tax, and 7K property tax I was getting nailed with in the DPRK (Demokratik People's Republik of Kaliforniastan) before I escaped.


30 posted on 01/25/2007 4:16:59 AM PST by OCCASparky (Steely-Eyed Killer of the Deep)
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To: OCCASparky

Things cost what they cost. The country is dividing up pretty quickly into "low public service" and "high public service" states. The end results -- how this impacts population growth, business, etc. is anyone's guess.


31 posted on 01/25/2007 4:19:55 AM PST by durasell (!)
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To: durasell

I'd say public services work pretty well around here. Schools still teach kids, roads are kept up, police and fire departments are working just fine.

We're just not into supporting the welfare folks up here.


32 posted on 01/25/2007 4:26:32 AM PST by OCCASparky (Steely-Eyed Killer of the Deep)
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To: durasell
Things cost what they cost. The country is dividing up pretty quickly into "low public service" and "high public service" states. The end results -- how this impacts population growth, business, etc. is anyone's guess.

I can give you one example - Michigan.

Our economy is the worst in the nation, yet what does our Canadian Trash governor Granholm do? Assembles a "panel" to look at the problem that includes the LAST democrat disaster, Jim "will the last person in Michigan turn out the lights" Blanchard! More democrat solutions include a state sales tax on services (INCLUDING health care), higher fees for licenses, and a stubborn refusal to even look at consolidating teacher health care benefits, which could save taxpayers millions.

We're losing over 2100 jobs because Phizer is pulling out. I wonder who is next?

33 posted on 01/25/2007 4:28:52 AM PST by Kieri (A Grafted Branch (Rom. 11))
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To: MinorityRepublican

A panel of self-professed experts wants to see 63 changes in the Michigan state constitution.

These changes would significantly raise taxes, strip citizens of their constitutional rights and give unprecedented power to Lansing politicians.

Citizens for Michigan, a clique of elitists and socialist engineers, also called for forbidding the right of citizens to change the constitution through the ballot box, raising taxes for schools, abolishing the right of citizen to recall politicians, raising pay automatically for legislators and, of course, making it easier to jack up property taxes.

The group also recommends that the state's 6% sales tax be raised.


34 posted on 01/25/2007 4:29:30 AM PST by sergeantdave (Consider that nearly half the people you pass on the street meet Lenin's definition of useful idiot)
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To: Kieri
And the change the in Federal Tax Code last year (allowing the deduction of the higher of your state income taxes or sales taxes) hurts states with income taxes like Michigan even more!!! This tax break for those in 'no income tax' states was just extended.

Now, if you move to a 'no state income tax' state--not only do you NOT pay state income taxes, you ALSO get to take a deduction on your Federal taxes for sales taxes (which people in states like Michigan) in most cases can NOT do because their state income taxes are higher than their sales tax in almost all cases.

Great. Just what people in 'income tax' states like Michigan need--another incentive to leave--subsidized by the Federal government. Amazing.

How in the heck did the congressmen in 'income tax' states agree to this one??

35 posted on 01/25/2007 4:39:55 AM PST by stockstrader ("Where government advances--and it advances relentlessly--freedom is imperiled"-Janice Rogers Brown)
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To: OCCASparky

We're just not into supporting the welfare folks up here.




Then the welfare folks will most likely move to another state. Welfare is pretty much on its last legs anyway. Workfare is the way to go.


36 posted on 01/25/2007 4:47:54 AM PST by durasell (!)
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To: Kieri

Pfizer is pulling out of NYC as well -- at least the manufacturing plant, not corporate headquarters. They just announced they're closing a plant in Brooklyn and laying off 600, which is a drop in the ocean.




37 posted on 01/25/2007 4:49:34 AM PST by durasell (!)
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To: gr8eman

The worse thing they could do is to put on a vaule added tax. A simple sales tax will fund any state that keeps it's spending realistic. A vaule added tax sucks.


38 posted on 01/25/2007 5:15:52 AM PST by calex59
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To: CheyennePress
Those taxes are absolutely unreal!

No wonder the place has turned into an absolute craphole!

Yep. You've got to pay them year after year after year. Can't fire the city for doing a bad job, but they give themselves a raise when they feel like it. The worst employee on the payroll.

I didn't even mention the other outrageous expenses of doing business in New Haven - the double water bill: You get to pay top rates for water, then have to pay it again to the "Regional Water Authority" for using the sewer system...

39 posted on 01/25/2007 5:28:38 AM PST by Bon mots
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To: MinorityRepublican; ancient_geezer; Principled; Man50D

Even state legislators are finally getting it. An income tax is BAD. It punishes productivity and profit.

http://fairtax.org


40 posted on 01/25/2007 8:08:56 AM PST by groanup (Limited government is the answer. Now, what's the question?)
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