Breaking the Back of the Reds: a Minimum State Tax

[Anonymous]

Anonymous wrote:

Anonymous wrote:The three red states engines of growth are Texas, Tennessee and Florida.

None of these states have a personal state income tax.

Why cannot we implement a federal mandate for a state income tax? This would curb tax seeking behavior and take the wind out of their sails.

Op, sounds like you are naive and don't understand how their taxes work. Florida has very high sales tax, hospitality industry and other taxes because a lot of tourists visit them. They want to create less burden for their citizen so income tax but also want to tax visitors. Sounds fair to me.

Texas has very high sales tax, RE and property transaction tax because a lot of people over there are either traveling, could be not legal and a number of other factors.

It's hilarious when states like Alabama and Mississippi or, most famously, Kansas, try to cut income taxes to the bone. Florida can get away with it because they can soak tourists and they'll keep coming back. Texas massive corporations and they tax oil extraction. Alaska can have a negative tax rate thanks to oil. Low taxes are fine when there is an alternative source of revenue, the problem is that states with no resources, no vibrant cities, and nothing worth seeing try to do the same.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The three red states engines of growth are Texas, Tennessee and Florida.

None of these states have a personal state income tax.

Why cannot we implement a federal mandate for a state income tax? This would curb tax seeking behavior and take the wind out of their sails.

Break the back of the Reds? What? Are you aware that Texans, Tennesseans, and Floridians are Americans? Like me?

Of course she’s aware. She just hates you and wants you to die. That’s all.

Not to die- just to stop prospering by picking off the selfish-wealthy and they bragging about their “growth” at the expense of responsible states.

Set a minimum state sales tax! We can do it and cut their prosperity totems down to size.

[Anonymous]

Anonymous wrote:You don’t need to impose a minimum income tax, just make state and local income taxes fully deductible in federal income taxes and property/sales tax not deductible. It makes sense- we shouldn’t be taxing the same income twice.

This.

[Anonymous]

Anonymous wrote:

Anonymous wrote:
Texas has very high sales tax, RE and property transaction tax because a lot of people over there are either traveling, could be not legal and a number of other factors.

Quick search says 6.25% is the current sales tax rate in Texas.

Localities can add another 2%. I know when I lived in Houston, I paid 8.25%