“S&P’s decision to raise Texas’ credit rating to AAA is no accident, but further proof that the Texas model of conservative fiscal discipline is a key element of our strong economy, and a stark contrast to the out-of-control spending and rising debt ceilings of Washington, D.C.,” Perry says.
“In Texas, we adhere to the powerful combination of keeping taxes low and government spending in check, ensuring Texas remains the best place in the country to live, work, raise a family and build a business,” he adds.
Eat your heart out, USA.
Yes, there's them that talks the talk and them that walks the walk, and we know who the blowhards are and who the competent leaders are, and none of the latter are in power in DC at the moment.
Amen and Ameneace This is showing them what really works.
You won't see this reported in the mainstream media. Reuters picked up on it, and that's about it.
Well Canada, the Scandinavian countries, the UK which are all countries which like to spend money this isn't proof Conservative fiscal discipline works. Most of our provinces have AAA ratings aswell and they like to spend money aswell especially B.C..
Um. I hate to be the one to break this to you, but Canada actually has a greater degree of economic freedom (which is why Texas is doing so well) than the United States does.
Canada is doing great because Canada is more economically conservative than we are :lamo
Eat your heart out, USA.
Yes, there's them that talks the talk and them that walks the walk, and we know who the blowhards are and who the competent leaders are, and none of the latter are in power in DC at the moment.
Amen and Ameneace This is showing them what really works.
You won't see this reported in the mainstream media. Reuters picked up on it, and that's about it.
Eat your heart out, USA.
Yes, there's them that talks the talk and them that walks the walk, and we know who the blowhards are and who the competent leaders are, and none of the latter are in power in DC at the moment.
Amen and Ameneace This is showing them what really works.
You won't see this reported in the mainstream media. Reuters picked up on it, and that's about it.
Eat your heart out, USA.
Yes, there's them that talks the talk and them that walks the walk, and we know who the blowhards are and who the competent leaders are, and none of the latter are in power in DC at the moment.
Amen and Ameneace This is showing them what really works.
You won't see this reported in the mainstream media. Reuters picked up on it, and that's about it.
That's impossible. The income tax rate in Texas is ZERO and we all know that the only way to properly manage a government is to levy confiscatory rates on the wealthy and hand it to the poor.
We make it up here via regressive taxes a major player being property taxes.
Your property taxes are pretty reasonable compared to a lot of states. People in the NE especially pay through the nose for property tax AND have a state income tax.
Which states are you talking about
Pennsylvania, New York, Massachusetts, Ohio....I could go on.
MA is the fourth highest income state out of the 50. What's the rAte there?
Eat your heart out, USA.
Yes, there's them that talks the talk and them that walks the walk, and we know who the blowhards are and who the competent leaders are, and none of the latter are in power in DC at the moment.
Amen and Ameneace This is showing them what really works.
You won't see this reported in the mainstream media. Reuters picked up on it, and that's about it.
Is Texas a donor state ...yes or no?
Basically it's 5.25% but can be more on Capital Gains and other factors.
Their property tax depends on what city you live in but one should expect it to be between 4-7% of assessed value.
YOu aree pretty much right. My next question would be how much do you expect to make in X State?
Again, it depends on what part of the state you work in. Wages in Boston are probably comparable to Dallas while Worchester would probably be more like Lubbock.
Sitting here in Dallas I wonder. When I worked in NYC vs here I had more spendable incom in NYC
Low taxes for WHOM? I live in Texas, in a modest house. My property taxes are now over $6,000 a year. By contrast, my Dad, who has a modest house, and my brother, each pay between $300 and $500 A YEAR in property taxes in Louisiana. Yes, La has state income tax, but it's pretty low, and it gives a lot of breaks to seniors.
I am going to have to sell my house because of the property taxes. Am considering leaving Texas entirely, since I'm semi-retiring, because of the HIGH TAXES for ordinary citizens.
BTW...Texas has had a BOOMING economy for decades. It has nothing to do with Perry. Bush actually created more jobs here than Perry did. And Texas continues to be the state with the highest percentage of uninsured citizens AND 2nd from the top in # of workers earning BELOW the minimum wage (this doesn't count illegal immigrants).
Note that the jobs created under Perry are jobs that are created here as a matter of course for Texas. And they haven't kept up with the increase in population. That is...there is a higher unemployment rate now than when Perry took office...more people born here, fewer people find jobs here than in the past.
So it's better than some other states in that there are jobs here, if you stick to the big cities. But what's strong about Texas is what is inherent in the state itself, not because of Perry. It's a HUGE state, which a lot of businesses come to because there's lots of vacant land and cheap labor (lots of illegals here), and subsidies for businesses, and its location is excellent, the weather is not extreme (you won't find shutdowns because of blizzards in Houston!), and the hub centrally located airport in DFW. All these things having been here for many decades. (Also, the economy is diversified in some areas.)
I would encourage anyone who wants a job to move here, regardless of who the governor is. I would not encourage anyone who is a member of the working class or poor to move here, depending on where you live now. Your circumstances may worsen. If you fall on hard times, you will not get much help, if any.
Low taxes for WHOM? I live in Texas, in a modest house. My property taxes are now over $6,000 a year. By contrast, my Dad, who has a modest house, and my brother, each pay between $300 and $500 A YEAR in property taxes in Louisiana. Yes, La has state income tax, but it's pretty low, and it gives a lot of breaks to seniors.
I am going to have to sell my house because of the property taxes. Am considering leaving Texas entirely, since I'm semi-retiring, because of the HIGH TAXES for ordinary citizens.
BTW...Texas has had a BOOMING economy for decades. It has nothing to do with Perry. Bush actually created more jobs here than Perry did. And Texas continues to be the state with the highest percentage of uninsured citizens AND 2nd from the top in # of workers earning BELOW the minimum wage (this doesn't count illegal immigrants).
I would encourage anyone who wants a job to move here, regardless of who the governor is. I would not encourage anyone who is a member of the working class or poor to move here, depending on where you live now. Your circumstances may worsen. If you fall on hard times, you will not get much help, if any.
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