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ST Quiz: New study has ranked the 50 states

Posted by Strongbad (aka Rambler14) Feb 24 '11, 10:35

analyzing the combined state-local tax burden shouldered by the residents. For each state, we calcu�late the total amount paid by the residents in taxes, then divide those taxes by the state's total income to compute a "tax burden." We make this calculation not only for the most recent year but also for earlier years because tax and income data are revised periodically by govern�ment agencies.

Name the Top 5! (highest tax burden)

Responses:

So, in theory, shouldn't these states then have both the lowest unemployment and the strongest economies? - Will Hunting Feb 24, 10:50 6
- No necessarily. Regulation and living conditions also factor into corporate decisions. - spamlet Feb 24, 10:59 1
  - So.....low taxes aren't the cure-all....thanks for blowing the hole in that argument. -- nm - Will Hunting Feb 24, 11:03
- I would imagine corporate taxes would be included too since they're part of the overall tax burden. -- nm - Ender Feb 24, 10:55 3
  - nope, just says "residents" and "taxpayers" -- nm - moles Feb 24, 10:57
  - They do a separate ranking for corporate taxes. -- nm - spamlet Feb 24, 10:57
  - Reading the summation, and not agreeing with the USSC that corporations are people....it doesn't read as though it does. - Will Hunting Feb 24, 10:56
They do this every year. FWIW, the Tax Foundation is respected in the tax community. - spamlet Feb 24, 10:49 1
- Thank you. -- nm - Strongbad Feb 24, 10:51
AK must be in the lowest 2-3. -- nm - Dr.Vermin Feb 24, 10:47 2
- AK is #50 - Strongbad Feb 24, 10:54 1
  - WOO! -- nm - Dr.Vermin Feb 24, 11:18
TX -- nm - Epiphany Feb 24, 10:42 2
- #45 -- nm - Strongbad Feb 24, 10:43 1
  - the Perry Miracle! -- nm - moles Feb 24, 10:45
I don't understand this methdology. -- nm - ty97 Feb 24, 10:38 11
- Here's a link (no cheating) PDF has more methodology information -- (link) - Strongbad Feb 24, 10:39 7
  - Maybe I should say I don't understand the point of using this methodology. - ty97 Feb 24, 10:42 6
    - You have it backwards. - spamlet Feb 24, 10:54 3
      - I'm still not getting it - let me explain what I'm missing better. - ty97 Feb 24, 11:00 2
        
        It's confusing to non-tax types, but they mean the income of all the state's residents. - spamlet Feb 24, 11:06
        
        I think it is the aggregate income of all the state's residents - znufrii Feb 24, 11:01
    - cause taxes are BAD! -- nm - moles Feb 24, 10:46 1
      - I think studies about taxes and their impacts make sense. I'm (honestly) trying to understand how this specific study helps. - ty97 Feb 24, 10:48
- Me either. Florida. -- nm - Loyola Feb 24, 10:39 2
  - #31 -- nm - Strongbad Feb 24, 10:40
  - when did ty change his name to florida? -- nm - dogbert Feb 24, 10:40
NJ -- nm - loosilu Feb 24, 10:38 2
- *ding* #1 -- nm - Strongbad Feb 24, 10:38 1
  - *victory lap* -- nm - loosilu Feb 24, 10:40
MA? -- nm - Mel Profit Feb 24, 10:37 1
- #11 -- nm - Strongbad Feb 24, 10:38
California? -- nm - Loyola Feb 24, 10:37 1
- #6 -- nm - Strongbad Feb 24, 10:38
study by whom? -- nm - moles Feb 24, 10:36 24
- A quick Google search indicates it's the Tax Foundation. -- nm - mara Feb 24, 10:39
- Here you go - Strongbad Feb 24, 10:37 22
  - founded by "Alfred P. Sloan, Jr., Chairman of GM; Donaldson Brown, GM Financial VP; William S. Farish, President of Standard Oil" - moles Feb 24, 10:40 21
    - How does that influence their study? - Strongbad Feb 24, 10:42 7
      - it's starting from a point of view that taxes are a "burden" for one -- nm - moles Feb 24, 10:43 6
        
        you realize that you are allowed to just look at the data for what it is, without asserting an implied context. -- nm - znufrii Feb 24, 10:50 1
        
        Obviously he's not. -- nm - Strongbad Feb 24, 10:51
        
        How does that influence them to unfairly rate one state higher than another? -- nm - Ender Feb 24, 10:50 3
        
        Speaking at a theoretical level, a group looking for a specific outcome could set their study up with a subtle bias in order to shift or get the - ty97 Feb 24, 10:51 1
        
        Theoretically, I agree. -- nm - Strongbad Feb 24, 10:52
        
        *ding* -- nm - Strongbad Feb 24, 10:50
    - "In 1989, Citizens for a Sound Economy, a conservative group founded and funded by the owners of Koch Industries, purchased the Tax Foundation" - moles Feb 24, 10:41 12
      - Let's turn this post into a Tea Party bashing session! Woohoo! - Strongbad Feb 24, 10:43 11
        
        Okay! - znufrii Feb 24, 10:48
        
        gosh if we could just live in the magical world of Ronald Reagan where nobody paid taxes for anything and there wasn't any government holding us back - moles Feb 24, 10:44 8
        
        *thread hijack alert* -- nm - Strongbad Feb 24, 10:46 7
        
        This sub-thread kinda went off the rails when you invoked the tea party bashing defense out of left field -- nm - ty97 Feb 24, 10:47 1
        
        (after Koch was brought into this) - Strongbad Feb 24, 10:49
        
        you were the one who conveniently omitted the source -- nm - moles Feb 24, 10:47 1
        
        F off. - Strongbad Feb 24, 10:48
        
        Red Alert! -- nm - William Riker Feb 24, 10:47 2
        
        you always knew when Riker called for a Red Alert that it was serious. -- nm - Mel Profit Feb 24, 10:56 1
        
        Usually cause that pussy Picard couldn't stay on the Enterprise - amoxy Feb 24, 11:01
        
        the poor, poor teabbaggers. everyone is picking on them. -- nm - Mel Profit Feb 24, 10:44
NY, Conn -- nm - Ender Feb 24, 10:36 1
- #2, #3 -- nm - Strongbad Feb 24, 10:36
ill -- nm - dogbert Feb 24, 10:35 1
- 13 -- nm - Strongbad Feb 24, 10:36

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ST Quiz: New study has ranked the 50 states

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