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The data also reveal Illinois is shedding migrants who are in the labor force and seeking a job, while attracting migrants who are less likely to be labor force participants.
originally posted by: JAGStorm
Illinois is a perfect example of what is going to happen to the US if we don't wake up!
www.illinoispolicy.org...
The data also reveal Illinois is shedding migrants who are in the labor force and seeking a job, while attracting migrants who are less likely to be labor force participants.
This article uses the word "migrants" which are actually Americans in this scenario. It also uses the word "shedding" which often has a negative connotation, but in this case they are losing something VERY valuable.
Basically what this very long article and many charts and graphs say is this; If you tax people to death they will leave and go to lower taxed areas. It is happening all over the country. Clear as day, people are fleeing high taxed areas to places with low taxes (or perceived low taxes).
Right now this is happening within the borders of the US. If the US as a whole continues the way of Illinois, I do not doubt for one second that people will start to move to other countries.
That one quote I put at the top says it all, you lose workers, and gain people that don't work, you are in trouble. Why is this so hard for so many
(cough cough liberals) to understand.
originally posted by: Middleoftheroad
Not only do the people flee the high tax areas, but the businesses that provide the jobs to pay those taxes leave as well. It's to bad the Democrats still don't realize this. Obama thought a magic wand was necessary to bring jobs back, but Trump showed him all it took was common sense.
My personal belief is income shouldn't be taxed. We should incentivise working. Not discourage it.
originally posted by: JAGStorm
originally posted by: Middleoftheroad
Not only do the people flee the high tax areas, but the businesses that provide the jobs to pay those taxes leave as well. It's to bad the Democrats still don't realize this. Obama thought a magic wand was necessary to bring jobs back, but Trump showed him all it took was common sense.
Yes you are absolutely correct. Not necessarily this article, but that site (Illinois policy) in general talks about it a lot. There are many stories about business owners leaving the state. It is actually pretty sad. Some have been there for generations and are now finally throwing in the towel.
originally posted by: luthier
originally posted by: JAGStorm
originally posted by: Middleoftheroad
Not only do the people flee the high tax areas, but the businesses that provide the jobs to pay those taxes leave as well. It's to bad the Democrats still don't realize this. Obama thought a magic wand was necessary to bring jobs back, but Trump showed him all it took was common sense.
Yes you are absolutely correct. Not necessarily this article, but that site (Illinois policy) in general talks about it a lot. There are many stories about business owners leaving the state. It is actually pretty sad. Some have been there for generations and are now finally throwing in the towel.
This is not correct. Businesses are not leaving California in fact its growth outpaces the US. NYC?
And how about the low tax areas requiring my federal tax dollars support their budget shortfalls?
originally posted by: JAGStorm
originally posted by: luthier
originally posted by: JAGStorm
originally posted by: Middleoftheroad
Not only do the people flee the high tax areas, but the businesses that provide the jobs to pay those taxes leave as well. It's to bad the Democrats still don't realize this. Obama thought a magic wand was necessary to bring jobs back, but Trump showed him all it took was common sense.
Yes you are absolutely correct. Not necessarily this article, but that site (Illinois policy) in general talks about it a lot. There are many stories about business owners leaving the state. It is actually pretty sad. Some have been there for generations and are now finally throwing in the towel.
This is not correct. Businesses are not leaving California in fact its growth outpaces the US. NYC?
And how about the low tax areas requiring my federal tax dollars support their budget shortfalls?
California is probably not at the level of Illinois... yet, but just wait and see!
Fiscal responsibility is a term related to government spending and taxation. The WealthHow article below will elaborate on what fiscal responsibility actually means.
originally posted by: luthier
originally posted by: JAGStorm
originally posted by: luthier
originally posted by: JAGStorm
originally posted by: Middleoftheroad
Not only do the people flee the high tax areas, but the businesses that provide the jobs to pay those taxes leave as well. It's to bad the Democrats still don't realize this. Obama thought a magic wand was necessary to bring jobs back, but Trump showed him all it took was common sense.
Yes you are absolutely correct. Not necessarily this article, but that site (Illinois policy) in general talks about it a lot. There are many stories about business owners leaving the state. It is actually pretty sad. Some have been there for generations and are now finally throwing in the towel.
This is not correct. Businesses are not leaving California in fact its growth outpaces the US. NYC?
And how about the low tax areas requiring my federal tax dollars support their budget shortfalls?
California is probably not at the level of Illinois... yet, but just wait and see!
California is far above with taxes.
What you don't seem to get is the deficit most of the low tax areas create. A budget deficit is tax through inflation.
originally posted by: Middleoftheroad
a reply to: luthier
States ranked by fiscal responsibility linked below.
Fiscal responsibility is a term related to government spending and taxation. The WealthHow article below will elaborate on what fiscal responsibility actually means.
Fiscal Responsibility definition
State Fiscal Rankings
California is ranked # 42 out of 50 for fiscal responsibility
originally posted by: JAGStorm
originally posted by: luthier
originally posted by: JAGStorm
originally posted by: luthier
originally posted by: JAGStorm
originally posted by: Middleoftheroad
Not only do the people flee the high tax areas, but the businesses that provide the jobs to pay those taxes leave as well. It's to bad the Democrats still don't realize this. Obama thought a magic wand was necessary to bring jobs back, but Trump showed him all it took was common sense.
Yes you are absolutely correct. Not necessarily this article, but that site (Illinois policy) in general talks about it a lot. There are many stories about business owners leaving the state. It is actually pretty sad. Some have been there for generations and are now finally throwing in the towel.
This is not correct. Businesses are not leaving California in fact its growth outpaces the US. NYC?
And how about the low tax areas requiring my federal tax dollars support their budget shortfalls?
California is probably not at the level of Illinois... yet, but just wait and see!
California is far above with taxes.
What you don't seem to get is the deficit most of the low tax areas create. A budget deficit is tax through inflation.
Try again
www.mercatus.org...
originally posted by: Middleoftheroad
a reply to: luthier
States ranked by fiscal responsibility linked below.
Fiscal responsibility is a term related to government spending and taxation. The WealthHow article below will elaborate on what fiscal responsibility actually means.
Fiscal Responsibility definition
State Fiscal Rankings
California is ranked # 42 out of 50 for fiscal responsibility
Californians alone pay more federal taxes than the 25 lowest-paying states combined
originally posted by: luthier
originally posted by: JAGStorm
originally posted by: luthier
originally posted by: JAGStorm
originally posted by: luthier
originally posted by: JAGStorm
originally posted by: Middleoftheroad
Not only do the people flee the high tax areas, but the businesses that provide the jobs to pay those taxes leave as well. It's to bad the Democrats still don't realize this. Obama thought a magic wand was necessary to bring jobs back, but Trump showed him all it took was common sense.
Yes you are absolutely correct. Not necessarily this article, but that site (Illinois policy) in general talks about it a lot. There are many stories about business owners leaving the state. It is actually pretty sad. Some have been there for generations and are now finally throwing in the towel.
This is not correct. Businesses are not leaving California in fact its growth outpaces the US. NYC?
And how about the low tax areas requiring my federal tax dollars support their budget shortfalls?
California is probably not at the level of Illinois... yet, but just wait and see!
California is far above with taxes.
What you don't seem to get is the deficit most of the low tax areas create. A budget deficit is tax through inflation.
Try again
www.mercatus.org...
taxfoundation.org...
Your list includes the massive federal aid packages.