Kind of counter to the right wing narrative here:
Eighteen of the 19 poorest states have legislatures where both chambers are Republican controlled. New Mexico (46th richest, fifth poorest) is Democratic. But there isn’t another blue or purple state until you get to purple Maine (31st richest, 20th poorest) with its “split” legislature of one party in each chamber. All the states in between (such as Tennessee and Florida) are Republican, both chambers. So is Michigan, where Republicans hold all high state offices (where Donald Trump won in 2016). Above New Mexico, you jump all the way to middle of the pack Vermont (27th richest, 24th poorest) to find a state with both legislative chambers held by Democrats.
But all five richest states have both legislative chambers controlled by Democrats – Maryland, New Jersey, Hawaii, Massachusetts and Connecticut. Overall, Democrats dominate the 20 richest states.
https://www.usatoday.com/story/money/columnist/2018/10/21/midterms-poorest-states-have-republican-legislatures/1694273002/
Maybe a willingness to spend money in investment for public infrastructure works a bit better than just cutting taxes as far as the economy goes? Other theories are welcome.
EDIT: Of the five highest income States (all run by Democratic legislatures), 4 are among the top 12 in tax burden and Massachusetts is 18th. https://wallethub.com/edu/states-with-highest-lowest-tax-burden/20494/
I think you are implying that tax rate caused the wealth when it is more likely to be the other way around. Wealthier states feel they have the luxury of taxing and investing more and poorer states know that they don't have that luxury. In the end you obviously need a certain amount of infrastructure but you don't want to make the tax burden so high that people continually move to avoid taxes (as many people in my home state).
@quackquack saidOne would think that with all those productive people fleeing the high tax States that the median income in them would quickly fall. Do you have empirical evidence to support this?
I think you are implying that tax rate caused the wealth when it is more likely to be the other way around. Wealthier states feel they have the luxury of taxing and investing more and poorer states know that they don't have that luxury. In the end you obviously need a certain amount of infrastructure but you don't want to make the tax burden so high that people continually move to avoid taxes (as many people in my home state).
@quackquack saidAll of the world's most prosperous economies have relatively high taxes and substantial public sectors. How do you explain this?
I think you are implying that tax rate caused the wealth when it is more likely to be the other way around. Wealthier states feel they have the luxury of taxing and investing more and poorer states know that they don't have that luxury. In the end you obviously need a certain amount of infrastructure but you don't want to make the tax burden so high that people continually move to avoid taxes (as many people in my home state).
@no1marauder saidAnd I think if you polled CEO's most would be Dims as well.
Kind of counter to the right wing narrative here:
Eighteen of the 19 poorest states have legislatures where both chambers are Republican controlled. New Mexico (46th richest, fifth poorest) is Democratic. But there isn’t another blue or purple state until you get to purple Maine (31st richest, 20th poorest) with its “split” legislature of one party in each chamb ...[text shortened]... en and Massachusetts is 18th. https://wallethub.com/edu/states-with-highest-lowest-tax-burden/20494/
Yep, the party of elitists is the Dim party
@kazetnagorra saidWhen you are prosperous you enjoy certain luxuries including helping those who produce the least.
All of the world's most prosperous economies have relatively high taxes and substantial public sectors. How do you explain this?
@quackquack saidMarxist Leftists are all about making money.
When you are prosperous you enjoy certain luxuries including helping those who produce the least.
That is how they define success and human worth.
It's all about class warfare and getting your piece of the pie.
@no1marauder saidI don't think it is necessarily the most productive or the most wealthy. As you know, in New York it is common for retirees to snowbird (live in Florida or another warmer area for the winter). These people take advantage of cheaper land in a low tax area while they they benefit from the weather at a time when they don't need to be in any one place because they aren't working. Similarly a lot of younger people with smaller business or job where they can move go to lower tax areas also down south so they can afford to purchase more.
One would think that with all those productive people fleeing the high tax States that the median income in them would quickly fall. Do you have empirical evidence to support this?
You can look at states and population growth and and the top 10 states include places like Texas, Florida and Nevada plus which, it is my understanding have lower tax rates.
@quackquack saidAll of the world's most prosperous economies became prosperous after implementing relatively high taxes and substantial public sectors. How do you explain this?
When you are prosperous you enjoy certain luxuries including helping those who produce the least.
@kazetnagorra saidI think I understand the problem here.
All of the world's most prosperous economies became prosperous after implementing relatively high taxes and substantial public sectors. How do you explain this?
States that are not Progressive are not enlightened. Their knuckles drag the ground as they walk and if it were not for the loving tender hearted policies of the Dims, like throwing welfare crumbs to the conservative poor folk, they would all be dying in the streets.
After all, Progressives have all the answers for everyone.
Oddly enough, the same answers also apply to everyone.
@kazetnagorra saidThat's just simply untrue. There is a huge cost to raising taxes and we should fight our government's seemingly never ending desire to expand and choke out the private sector.
All of the world's most prosperous economies became prosperous after implementing relatively high taxes and substantial public sectors. How do you explain this?
@quackquack saidBut...but....they are rich.
That's just simply untrue. There is a huge cost to raising taxes and we should fight our government's seemingly never ending desire to expand and choke out the private sector.
Can't this just go on forever?
@quackquack saidAs a matter of fact, it is simply true.
That's just simply untrue. There is a huge cost to raising taxes and we should fight our government's seemingly never ending desire to expand and choke out the private sector.
@kazetnagorra saidBut...but....conservatives and the GOP are the greedy ones.
As a matter of fact, it is simply true.
Why is they want to be poor?