It would look like Michigan’s.
Despite the federal government’s growing economic dominance, individual states still exercise substantial freedom in pursuing their own economic fortune — or misfortune. As a result, the states provide a laboratory for testing various policies.
I’ve lived in several states … Florida, Tennessee, Hawaii, Virginia, California. Of all … by far I love the climate and atmosphere of California and Hawaii. I love the history in Virginia. When I retired from the Navy … I could have moved anywhere – but I chose to move to the Gulf Coast and I did so because of the economic opportunities available here. California is great – but I was being overtaxed there. Same for Hawaii – high taxes and really no economic opportunity outside the tourism business. And Virginia has some of the most repressive property taxes I’ve known. Louisiana doesn’t tax my Navy Retirement – most of the states down here don’t.
So I have the opportunity to move to and work in a state that I believe will keep me in favorable economic circumstaces but … the article warns …
Americans have voted with their feet by moving to states with greater opportunities, but federal adoption of failed state programs would take away our ability to walk away from bad government.
This has been on the agenda of Liberals for years … eliminate the vestiges of remaining states rights. I guess we in the South are supposed to do all the oil drilling, and providing most of the military recruits to the armed services while suffering the same economic depressions that the states that won’t “pony up” do.
The Competitiveness Index created by the American Legislative Exchange Council (ALEC) identifies “16 policy variables that have a proven impact on the migration of capital — both investment capital and human capital — into and out of states.” Its analysis shows that “generally speaking, states that spend less, especially on income transfer programs, and states that tax less, particularly on productive activities such as working or investing, experience higher growth rates than states that tax and spend more.”
That sounds like more scientific evidence that the Reagan economic policies are still the best policies for our nation. It’s been proven over and over – so why don’t liberals see the light? It’s simple … their interested more in cultural and social change than they are in you and your family’s economic success and freedom. Make no mistake and this is not a news flash … Obama is a LIBERAL.
What about those tax increases?
Mr. McCain will lower taxes. Mr. Obama will raise them, especially on small businesses. To understand why, you need to know something about the “infamous” top 1% of income tax filers: In order to avoid high corporate tax rates and the double taxation of dividends, small business owners have increasingly filed as individuals rather than corporations. When Democrats talk about soaking the rich, it isn’t the Rockefellers they’re talking about; it’s the companies where most Americans work. Three out of four individual income tax filers in the top 1% are, in fact, small businesses.
Ouch … just … Ouch.
Let’s remember that the famous DEMOCRATIC President, John F. Kennedy said once that “A Rising Tide Lifts All Boats”.
Sounds like “Trickle Down” to me!
But the Democratic party is no longer the party of Kennedy and Truman … it’s party of Saul Alinsky.
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