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Reply to "Breaking the Back of the Reds: a Minimum State Tax"
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[quote=Anonymous][quote=Anonymous]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.[/quote] 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. [/quote]
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