posted on Jul, 11 2012 @ 11:17 AM
Originally posted by Eurisko2012
reply to post by Flatfish
The GOP in Texas has saved Texas.
North Dakota & Texas are doing the best right now.
Yeah, and as was clearly evident by his performance in the GOP debates, Rick Perry is smarter than Jethro Bodine too!
The only reason that Texas "appears" to be doing better right now is because we are the "China" of the U.S.A. We are currently in 1st place in the
new GOP all-american "race to the bottom."
The same way that municipalities now compete with each other to attract new business by awarding extended tax abatements, free real estate, etc.,
Texas has done on a state wide scale.
When the abatements expire, those businesses just re-locate to the state with the current best offer, leaving the original state without ever living
out the intent of the original agreement, which was that the municipality would re-coop the early loses over the long haul once the tax rates kicked
Guess who gets left "holding the bag?" The taxpayers, that's who!
The same thing is happening to our nation on a much larger scale via the long term reduction of the top marginal tax rates as reflected in the charts
It just takes a while before the process catches up to ya, that's all.
Go ahead and fool yourself into believing that Texas is doing so much better than everyone else if you want to but I can assure you, in the long run
you'll be wrong. I live here, I've done so since my birth 56 yrs. ago and I know better.
edit on 11-7-2012 by Flatfish because: (no reason