Quote:
Originally Posted by justinstrife
Not that one is the cause of the other, but states with no income tax as a whole, are the ones that have the least amount of budget problems. States like California and New York who have high income tax, are also losing tax payers and business to states that are more business friendly.
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Texas has no income tax and it is 15 billion dollars in the hole. Added to that, it routinely loses 8-9 billion dollars a year because its local business pay far less taxes than they should.