this explains a lot
this explains a lot
I've had to struggle to find engineering work in my area for most of my life. Now I know why.:
http://www.realclearmarkets.com/article ... 99073.html
And we elected these clowns.
http://www.realclearmarkets.com/article ... 99073.html
And we elected these clowns.
I didn't complain about the link. I was complaining about the bogus and idiotic titles carlton comes up with.
I want to have at least half an idea what the thread is about from the title. That's generally what 'title' means - it is a brief description of the content.
This forum is descending into a demonstrant of people's failure to be able to string intelligible material together.
I want to have at least half an idea what the thread is about from the title. That's generally what 'title' means - it is a brief description of the content.
This forum is descending into a demonstrant of people's failure to be able to string intelligible material together.
I agree, too high taxes are bad. You need some taxes, but it is better to reform and save money in the administration than to add more taxes. Of course this is difficult. Politicians would never, ever consider cutting spending in their own backyard...
Cutting the actual spending probably gains you less than making cuts in the administration of the spending.
Cutting the actual spending probably gains you less than making cuts in the administration of the spending.
Highest taxes per capita- From some research I did several months ago when this was mentioned, this is true. But like any other statistic this is can be misleading. For comparison you have to assume that the per capita income is the same in all of the States. This is not the case. If the average income in Connecticut is higher than comparison States, then the per capita (per person) income tax can be absolutely higher, but the taxes as a percentage of income can actually be less. Also, you have to consider family size per money earner. If family size is smaller in Connecticut than in, say, New York, then this will further bias the results. there are other factors- such as the contribution of business taxes, which taxes are being considered (income only, or property, or service taxes, gas taxes, etc.)
The point is that you have to always be careful in interpenetrating statistics. and in evaluating claims made on those statistics.
In this case, another statistic (my recollection) was that Connecticut ranked ~ 7-8th in tax burden as a percentage of income.
Next, there is the consideration of the local cost of living, such as rent, groceries, ...
Dan Tibbets
The point is that you have to always be careful in interpenetrating statistics. and in evaluating claims made on those statistics.
In this case, another statistic (my recollection) was that Connecticut ranked ~ 7-8th in tax burden as a percentage of income.
Next, there is the consideration of the local cost of living, such as rent, groceries, ...
Dan Tibbets
To error is human... and I'm very human.
Dan,D Tibbets wrote:Highest taxes per capita- From some research I did several months ago when this was mentioned, this is true. But like any other statistic this is can be misleading. For comparison you have to assume that the per capita income is the same in all of the States. This is not the case. If the average income in Connecticut is higher than comparison States, then the per capita (per person) income tax can be absolutely higher, but the taxes as a percentage of income can actually be less. Also, you have to consider family size per money earner. If family size is smaller in Connecticut than in, say, New York, then this will further bias the results. there are other factors- such as the contribution of business taxes, which taxes are being considered (income only, or property, or service taxes, gas taxes, etc.)
The point is that you have to always be careful in interpenetrating statistics. and in evaluating claims made on those statistics.
In this case, another statistic (my recollection) was that Connecticut ranked ~ 7-8th in tax burden as a percentage of income.
Next, there is the consideration of the local cost of living, such as rent, groceries, ...
Dan Tibbets
Basically, what it comes down to is if you have what would be a good income in say, Virginia, you're screwed. And it's getting even worse. The state has been in a death spiral for decades and still our state government acts as if it isn't happening.
Actual tax amounts- total and per capita(2005)
http://www.census.gov/govs/statetax/05staxrank.html
Dan Tibbets
http://www.census.gov/govs/statetax/05staxrank.html
Dan Tibbets
To error is human... and I'm very human.