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> It won't be for long! Taxes and spending in Seattle have shot way, way up There's an argument that places with lower taxes and lower government investment at
by forapurpose 8y ago
> It won't be for long! Taxes and spending in Seattle have shot way, way up
There's an argument that places with lower taxes and lower government investment attract and are better for businesses. The evidence in the U.S. seems to be overwhelmingly otherwise.
The states with the lowest taxes and investment are the poorest; all the great American industries, from automobiles to finance to IT to education to many others, started in high tax/investment locals, boomed there, and remain there. Perhaps investment is a good way to yield returns.
- seehafer 8y agoTexas would beg to differ with this assessment
- forapurpose 8y ago> Texas would beg to differ with this assessment OK, what great U.S. industries were born, boomed, and remain in Texas? Oil doesn't count; that's a coincidence of geology and geography. I also said states with low tax and investment were relatively poor; Texas' median income is below the U.S. median (which is true of almost all the die-hard red states): https://en.wikipedia.org/wiki/List_of_U.S._states_by_income https://en.wikipedia.org/wiki/List_of_U.S._states_by_income EDIT: A few edits