Texas has a 25+ billion deficit out of a budget of 98 billion......... Taxes will be going up in Texas too... or as the Texas righties call it "fees". This is a far far far higher deficit than any European country (with exception of Ireland if you include the bank guarantee).
On top of that, if we look at the tax burden of each state, Illinois is actually at about the same level or LOWER than many southern states, with exception of Texas of course.
Point is, it is far too early to be touting the "southern states" purely based on short term tax levels.
Greek debt to reach 120.8 pct of GDP in '10 - draft | Reuters
the 10 states with the highest income tax on high earners: CA, HI, IA, ME, NJ, NY, OR, RI, VT, DC
no one cares what you're talking about, narcissus
120.8% is doom
and a 2.25% hit on personal income, on top of federal, property, sales, excise, cap gains, inheritance and other taxes, tolls and fees is a 2.25% hit on personal income
And again it has nothing to do with my comments. Stop trying divert attention away from deficits to overall debt.
Yes and upping "fees" in Texas will have the same impact .. a hit on personal income. Your point being?and a 2.25% hit on personal income, on top of federal, property, sales, excise, cap gains, inheritance and other taxes, tolls and fees is a 2.25% hit on personal income
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Fiddling While Rome Burns
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