Quote:
Originally Posted by timpage
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Romney is a dip shit for saying what he said, so I am not going to defend him. And he is also going to lose the election.
But that chart is meaningless BS.
The tax rates are fixed across the whole US. The 0%, 10%, 35% (or whatever they are) rates kick in at the same income levels in NY, Texas, Mississippi and California.
The cost of living is much higher in NY and California, so even the lower paying jobs pay more in NY than in TX. That means less people in NY are at the 0% tax level relative to TX. The whole chart is skewed by income disparities between states.
But the costs of living are also skewed. So a low income person in NY might pay a small amount of income tax, but pays a LOT more in rent, gas, food, etc. So the guy in Texas might be better positioned.
And the differences for most states are slight. The difference in 0% tax payers between TX and CA is only 2%, but that drops California from 8th place to 16th.
Also, the chart is from 2008, when the downturn was only beginning and folks still had unemployment insurance. States that have higher unemployment NOW than Texas (like California) will have substantial changes in the number of people with no net income tax liability.