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I can guarantee you that states that did would be hammered by anti-tax people thinking that they were overtaxed.
by s73v3r_ 8y ago
I can guarantee you that states that did would be hammered by anti-tax people thinking that they were overtaxed.
- zdragnar 8y agoTo be honest, most "anti-tax" people are fine with the theory, but don't trust that it will be well managed and, more importantly, preserved for lean times. Too often surpluses are immediately funneled to special projects that we could have been better off without. The "pro-tax" people in my area are also generally against this sort of thing, because they want nothing more than to take more money and spend it on special constituencies. For example, my state passed a sales tax that was sold to us as a way to better preserve our parks, wild lands and cultural heritage. About 19% has gone to the DNR, which means less actually went to the stated cause. The rest is being funneled to art projects that are poorly received and utilized. Mind you, this is in a state that's very pro-taxation, and otherwise very liberal.
- empath75 8y agoMost anti tax people are just anti taxes on _me_
- zdragnar 8y agoSo are most pro-tax people, they're just pro-tax-everyone-else. Our governor is filthy rich, campaigned on raising the taxes on the one percent, and yet none of the taxes he wanted would have affected his trust fund income. What a surprise.
- JBReefer 8y agoShocking then that 12 do then, and they're mostly low-tax states https://en.wikipedia.org/wiki/Sovereign_wealth_fund https://en.wikipedia.org/wiki/Sovereign_wealth_fund
- intrasight 8y agoIt seems the more pertinent correlation is to resource-rich states, which makes sense as most are non-renewable, and if on state land, should benefit all the citizens.