New Jersey has the most millionaires and the highest state taxes. Please explain how this fits your thesis, OP. http://money.cnn.com/magazines/fortune/almanacamericanwealth/2007/flash/index.html?cnn=yes Oh, yeah, citation needed on people "fleeing in droves from NJ" to the poster moving from NJ to Baltimore-- you'll soon learn what your NJ taxes were paying for. If the country needed an enema, they'd put the tube in Baltimore.
another thread about tax taxes being the only variable that matters in economics. As you can see in the link below. The least taxed states arn't exactly economic meccas. Of course alaska subsidize's with oil, so thier not really a fair comparison. Well it's how the state taxes the business that matters, right?. Look at the next link by the logic here wyoming should be the biggest finacial, industrail, state in the union, but its not. Now look at the 3rd link states gdp. Do you see a correlation between the two. Now just for fun click on the 4th link population by states. Now go back to the 3rd link. which has more corelation with gdp. Nobody likes to pay taxes and i'm not advacating high taxes, but you should try to find other sources of information than the wall street shills on cnbc and the WSJ http://taxprof.typepad.com/taxprof_blog/2008/08/ten-highest-and.html http://www.ppinys.org/reports/jtf/businesstax.htm http://en.wikipedia.org/wiki/List_of_U.S._states_by_GDP_(nominal) http://en.wikipedia.org/wiki/List_of_U.S._states_by_population
If you live in NYC, you're already paying a 50% tax rate between state, local and federal. All those taxes are scheduled to go up, so they will be paying a rate closer to 60% soon. So, you work most of the year to pay the Mafia running this country for their own benefit not to toss you in jail for not paying them tribute. Once Obama takes the caps off FICA, they'll be paying about 75% of their income in taxes. What percentage of their production did serfs get to keep again????