VIDEO ON MSN MONEY
I have lived around the country in several states, including: Minnesota, Wisconsin, Tennessee, Texas, Alabama, Kentucky, North Carolina. My children attended school in several of these states. There is not an obvious correlation to taxes and education. In fact, I don't think there is any correlation unless you want to judge an idiot such as Al Gore hailing from Tennessee. I thought the education my children received in Alabama was superior in every way to Minnesota and North Carolina. I have the "lived through it" experience and know that high taxes do not equal a good education. Teachers' unions seem to be stronger in the higher taxed states and they are more about taking care of the teachers and school administration less about the students.
All states can be munch better if we could get rid of union jobs and there gold retirement plans
Supposedly, the New York state sales tax is 4% but what folks don't understand is that it is actually 8% or at least it is in my area. Also, I live in PA and work in NY but still get taxed on all my earnings in New York even though I'm not a resident. Thankfully, PA gives a resident credit because New York does not give a non-resident credit. In other words, New York taxes a lot- even more than what is being suggested in this article.
I came here to say the same thing Beatris J did. Seems pretty obvious which party runs their states better.
I do think it's funny that someone gave Beatris the thumbs down. Sometimes the truth hurts. Poor libs.
Joel Stonington is a moron and Bloomberg should not publish clearly inaccurate data.
Apparently they think Americans cannot add. How can a state with 5% income and 6% sales tax make the number two spot for low taxes? Where is California on the high list? Where is Texas for a low tax state? This article was poorly written. Obviously not well researched. Definitely not fact checked. Pathetic!!
Your democrat brand of socialism has never worked anywhere in the world for very long, and it's not working here. Eventually, other people's money dries up, and the true "parasite" of socialism turns into a dictatorship or communism.
As for the republicans, and their influence on the economy, study history. From your comments, it's obvious you haven't.
I live in Connecticut also, the tax you out of existence state. The cost of living here is so high it's is mind boggling. I love how the article pretences the high per capita of income. That only applies to mostly Fairfield county (the gold coast) were the wealthy Wall Streeters live. The rest of the state is like Kentucky without the accent. People are leaving here in large numbers(over 100k/yr) and my family would be joining them if we had the means to do so. Costa Rica is looking real good these days
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.