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Old 10-23-2018, 09:55 AM
 
871 posts, read 1,089,971 times
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Now let's look at states by per capita income:

Top 10 (low-taxed states above in red, high-taxed states above in blue

(excluding DC)

Connecticut
New Jersey

Massachusetts
Maryland
New Hampshire
Virginia
New York
North Dakota
Alaska

Minnesota


Bottom 10 (low-taxed states above in red, high-taxed states above in blue

(excluding Guam and Puerto Rico)
Utah
Louisiana
South Carolina
Idaho
Kentucky
New Mexico
Alabama
Arkansas
West Virginia
Mississippi

https://en.wikipedia.org/wiki/List_o..._capita_income
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Old 10-23-2018, 09:56 AM
 
Location: :0)1 CORINTHIANS,13*"KYRIE, ELEISON"*"CHRISTE ELEISON"
3,078 posts, read 6,203,964 times
Reputation: 6002
Smile Great to see you around! Missed ya!

Quote:
Originally Posted by Positiveone View Post
On average how often do the taxes increase in Minnesota? I was considering a move to Rochester. Do the property taxes go up yearly? Income taxes as well?

Are there any programs for breaks on property taxes?

Thank you ��

Dear Positiveone,

Great to see you! Long time no see.

Remember to stop by the COUNTRY PORCH in NH! For cake, coffee & fellowship!

Hope all is well! Blessings going your way. Happy Fall!

A Blessed & Happy Thanksgiving!

Now, back to the regular program about MN & high taxes
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Old 10-23-2018, 09:57 AM
 
871 posts, read 1,089,971 times
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You can almost see what it means to be a 'low-tax' state on this map of infant mortality

https://www.cdc.gov/nchs/pressroom/s..._mortality.htm
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Old 10-23-2018, 10:00 AM
 
Location: Nowhere
10,098 posts, read 4,098,804 times
Reputation: 7088
Quote:
Originally Posted by kpl1228 View Post
I disagree, though I respect your opinion.
Remember when the Democrat/liberal vs. Republican/conservative argument was all about this? Taxes, big vs. small government, etc....
I miss those days. Made it much more easy to be bipartisan. Now everyone just yells and attacks, is hyper divided, and gets elected. On both sides.
Amen to that.
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Old 10-23-2018, 10:15 AM
 
Location: :0)1 CORINTHIANS,13*"KYRIE, ELEISON"*"CHRISTE ELEISON"
3,078 posts, read 6,203,964 times
Reputation: 6002
Lightbulb Thanks for the informative posts.

Quote:
Originally Posted by Thedosius View Post
Now let's look at states by per capita income:

Top 10 (low-taxed states above in red, high-taxed states above in blue

(excluding DC)

Connecticut
New Jersey

Massachusetts
Maryland
New Hampshire
Virginia
New York
North Dakota
Alaska

Minnesota


Bottom 10 (low-taxed states above in red, high-taxed states above in blue

(excluding Guam and Puerto Rico)
Utah
Louisiana
South Carolina
Idaho
Kentucky
New Mexico
Alabama
Arkansas
West Virginia
Mississippi

https://en.wikipedia.org/wiki/List_o..._capita_income

Thanks for your informative posts.

I have not read the entire thread, but would it be safe to say that a high per capita income in New Hampshire is due to Boston's tech sector, major Universities, hospitals & the proximity of Southern NH to Boston?.

And New Jersey & Connecticut due to proximity to New York & the financial, banking, insurance companies & law firms there?

Alaska & North Dakota is due to oil & mineral production.

And most likely Maryland & Virginia benefit from the government sector in DC. Almost every person you meet in the DC area, lives in VA or MD & works in DC. They work with the government in some way, defense contractors, military, lobbyists, etc.

So, that leaves MN, which seems to have a lot of major companies operating there, in addition to the Mayo Clinic. It seems to have a diverse economy.
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Old 10-23-2018, 11:33 AM
 
871 posts, read 1,089,971 times
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Quote:
Originally Posted by countrylv22 View Post
Thanks for your informative posts.

I have not read the entire thread, but would it be safe to say that a high per capita income in New Hampshire is due to Boston's tech sector, major Universities, hospitals & the proximity of Southern NH to Boston?.

And New Jersey & Connecticut due to proximity to New York & the financial, banking, insurance companies & law firms there?

Alaska & North Dakota is due to oil & mineral production.

And most likely Maryland & Virginia benefit from the government sector in DC. Almost every person you meet in the DC area, lives in VA or MD & works in DC. They work with the government in some way, defense contractors, military, lobbyists, etc.

So, that leaves MN, which seems to have a lot of major companies operating there, in addition to the Mayo Clinic. It seems to have a diverse economy.
I'm sure proximity to strong economic sectors is clearly beneficial to some states but the question I'm most interested is what policies yield the best results to the broadest section of the populace. That pretty much takes natural resources off the table when comparing policy outcomes.

*Actually, New Jersey is quite strong in the finance sector in its own right but yes, industries do tend to cluster.
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Old 10-23-2018, 12:22 PM
 
Location: RI, MA, VT, WI, IL, CA, IN (that one sucked), KY
41,936 posts, read 37,016,353 times
Reputation: 40635
Quote:
Originally Posted by InnovativeAmerican View Post
I've said it before and I'll say it again: Minnesota has the best economy in the Midwest, so Minnesotans should really be grateful they're not Wisconsin, Illinois, Michigan, or even Iowa. I believe it's a well-governed state and anyone who wants to halt all the great progress the state has made is living in a fantasy world. This high-taxed state is the 2nd best state in the U.S. based on a myriad of factors. Last year, MN was ranked #1.

TAXES! Oh no, TAXES! So freaking what! It's resulted in a good quality of life, education system, healthcare, and infrastructure in MN. I wouldn't want Alabama's economy. Go Vikings!

https://www.usatoday.com/story/money...mies/37490453/


So very true. I wish I could move back to WI, but realistically, I would go over the border to MN.


Quote:
Originally Posted by Pilot1 View Post
Maybe vote out the politicians that have made MN a very high tax state? Hold the politicians accountable. Hmmm, wonder what party that is?


Why would you vote out politicians whose policies have resulted in a strong economy and a high quality of life? That doesn't make any sense.
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Old 10-23-2018, 12:28 PM
 
3,715 posts, read 3,712,632 times
Reputation: 6484
Quote:
Originally Posted by Ivory Lee Spurlock View Post
What kinds of services and/or benefits do Minnesota residents receive from the govt that makes it well worth the cost of being the highest taxed state ?
Parks, we spend the most per resident of anywhere.
8ft wide paths along both sides of roads in most suburbs
reactive snow removal
A nice airport
Good schools
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Old 10-23-2018, 02:39 PM
 
871 posts, read 1,089,971 times
Reputation: 1900
And more fun! Let's look at our top 10 highest and top 10 lowest taxed states and compare them to healthcare outcomes:

https://www.americashealthrankings.o...state-rankings

Listed in order from best to worst healthcare rankings:

States with health rankings higher than national average ( highest tax rates in blue, 10 lowest tax rates in red, from the Kiplinger report )

Hawaii
Vermont
Connecticut
Minnesota
New York
New Jersey
Maryland
California

North Dakota
Maine
South Dakota
Wyoming

Illinois

Now for States with health rankings lower than national average ( highest tax rates in blue, 10 lowest tax rates in red, from the Kiplinger report )
Alaska
Delaware
Arizona
Florida
Nevada
Louisiana
Mississippi



As we can see, the low tax states sure rock it when it comes to healthcare!
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Old 10-23-2018, 02:45 PM
 
871 posts, read 1,089,971 times
Reputation: 1900
Other than better healthcare, higher per capita incomes, higher productivity, better infant mortality rates, higher GDP per capita...what, oh, what do high taxes get us?

Evidently, the right to complain.
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