Quote:
Originally Posted by Wyldeman30
It must really hurt liberals in Texas knowing that their vote will not count for shit here....I know it pissed me off when Obama carried the last state I lived in....Glad to be back home....
Didn't somebody already say that? Was that the state of confusion?
You know I have noticed a lot of licensed plates around Austin that do not say TEXAS....
LICENSED? BY WHOM?
Let's see I have seen a lot of California plates I wonder why????Could it be because of the extremely over taxed citizens there can't get jobs....Lots of business leave the state because they are over taxed??? I thought big government and higher taxes encouraged job growth....
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You're talking out of your ass again, Wyldeman.
If anything, Texas is undertaxed to the point that we cannot climb out of the financial hole our Tea-sipping Legislature put us in. And, everybody, the State of Texas has been run by the Republican Party since 1994. That's plenty of time to fuck things up, don't you think?
States without an individual income tax
Alaska – no individual tax, but has a state corporate income tax. Like New Hampshire, Alaska has no state sales tax. Alaska has annual Permanent Fund Dividend for all citizens living in Alaska after two years.[citation needed]
Florida – no individual income tax[6], but has a corporate income tax (at a 5% rate). The state once had a tax on "intangible personal property" held on the first day of the year (stocks, bonds, mutual funds, money market funds, etc.), but it was abolished at the start of 2007.[citation needed]
Nevada – has no individual or corporate income tax. Nevada gets most of its revenue from gambling and sales taxes.[citation needed]
New Hampshire – has an Interest and Dividends Tax of 5%, and a Business Profits Tax of 8.5%. A Gambling Winnings Tax of 10% went into effect July 1, 2009. New Hampshire has no sales tax.[7]
South Dakota – no individual income tax, but has a state corporate income tax on financial institutions.[citation needed]
Tennessee has a 6% tax on income received from stocks and bonds not taxed ad valorem.[8] In 1932, the Tennessee Supreme Court struck down a broad-based individual income tax that had passed the General Assembly, in the case of Evans v. McCabe. However, a number of Attorneys General have recently opined that, if properly worded, a state income tax would be found constitutional by today's court, due to a 1971 constitutional amendment.[9]
Texas – no individual income tax or corporate income tax. In May 2007, the legislature replaced the franchise tax with a gross margins tax on businesses (sole proprietorships and some partnerships were automatically exempt; corporations with receipts below a certain level were also exempt), which was amended in 2009 to increase the exemption level. The Texas Constitution places severe restrictions on passage of an individual income tax and use of its proceeds.
Washington – no individual tax, but has a business and occupation tax (B&O) on gross receipts, applied to "almost all businesses located or doing business in Washington." It varies from 0.138% to 1.9% depending on the type of industry.[10][11]
Wyoming has no individual or corporate income taxes.
SO TEXAS IS ONE OF TWO STATES WITH NO INDIVIDUAL OR CORPORATE INCOME TAX. I guess folks can't find Wyoming to flee the oppressive taxation of the state and local governments. (BTW -- that's NOT Washington, bubba!)
http://en.wikipedia.org/wiki/State_income_tax
That's a good article, even for wikipedia. Follow the links if you want to pick at it. Fact is, Texas is UNDER-TAXED, which is why our state is in such a huge fucking hole.
Want to talk about Perry's role in that? Want to talk about his relationship with the insurance and pharmaceutical industries?
Or shall we just PRAY FOR RAIN with the next leader of the free world?
Back in time for THIS?
