
10-05-2017, 12:19 PM
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Quote:
Originally Posted by Guest
Actually...I am. I have no reason to lie to you.
Look it up...
"Our favorite example is New Jersey. Just 51 years ago, the Garden State had neither an income tax nor a sales tax. It balanced its budget every year. It was one of the richest states and attracted in-migration from everywhere.
Eight years ago, when ultrablue Democrat Jon Corzine was governor, New Jersey had some of the highest tax rates in the nation and perpetual budget deficits. A new study by Pew Research ranked the state's public pension system as third worst in terms of its assets-to-liabilities ratio (42%)."
"The same is true of Connecticut. The Yankee State was once one of the most prosperous places on the planet, and until 1991 it had no income tax. Its other key attribute was its proximity to high-tax, anti-business New York. But over the last 25 years, Connecticut has been in a free-fall as it has raised its income tax four times, leading to towering deficits.
The joke now in Connecticut is: Will the last person in the state please turn out the lights? As Connecticut depopulates, there may come a time when one super-rich person is left living in a Greenwich mansion who is highly educated and with three patents to his name, and the Times can say: Look how prosperous and highly educated Connecticut is.
By the way, a 2014 poll found that 49% of Connecticut residents say they want to leave the state — second only to Illinois at 50%. The exodus is on: 156,057 people have left Connecticut since 1992, taking $9.5 billion in income with them. As people in Fort Lauderdale and Naples, Fla., will tell you, it seems like every third person here is from Connecticut."
Red States Really Are the Model of Economic Success | Stock News & Stock Market Analysis - IBD
The "blue" states are bankrupt...you CAN'T pay for everything for everyone. That is what liberals want to do.
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Very good and informed comment. Thank you.
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