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We (NC) Made The Top 10

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Posted · Report post

So proud of my state. Wonder where we fall in the top 10 closest to bankrupcy.
[url="http://money.msn.com/taxes/c_galleryregular.aspx?cp-documentid=250574718"]http://money.msn.com...entid=250574718[/url]

[b] The 10 worst states for taxes[/b]

[b]Paying more this year[/b]
With the passage of the fiscal cliff deal and the expiration of the payroll tax holiday, most Americans will be paying more taxes this year -- but the hike could hurt more depending on what state you live in.
The Tax Foundation's 2013 State Business Tax Climate report recently ranked the best and worst states for taxes to enable business leaders, policymakers and taxpayers understand how their states measure up. The 10 best include low-population, Western states including Wyoming and South Dakota, as well as a few eastern states like New Hampshire and Florida. And what did they have in common? They had low rates or lacked one of the five major taxes -- individual income, corporate, property, sales or unemployment insurance.
According to the report, the lesson is simple: A state that raises sufficient revenue without one of the major taxes, all things being equal, has an advantage over those states that levy every tax in the book. They'll be more competitive in attracting new business and more effective at generating economic and employment growth, since high taxes are a turn-off for both businesses and individuals.
The 10 worst all levied complex, non-neutral taxes that favor some economic activities over others and have comparatively high individual and corporate tax rates.
"Multiple layers of data (show) that domestic migration occurs consistently away from high tax states," says Mat Franken, founder of ResidencyHQ, a resource for residency information. "Our data points to high-tax states losing residents to low-tax states."

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Posted · Report post

Hopefully McCrory tackles this.

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Posted · Report post

What, making sure we are a desolate wasteland like Wyoming or South Dakota?

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Posted · Report post

I wouldn't mind moving to Eastern TN or the Upstate someday. Still close to home, and you don't have to continue paying taxes on poo you have already paid off.

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Posted · Report post

Actually, this state has some of the best cities for business. Raleigh, for example, is number 2 in the nation for business and careers in the country according to Forbes.

http://www.forbes.com/places/nc/raleigh/

Taxes, when used effectively, can help create an environment conducive to business. We may have relatively higher taxes, but we also have a more educated work force in the triangle area, etc.

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Posted · Report post

It was terrible of the state to raise taxes on people struggling with hard times. All the state looked at was that they did not have enough money to pay off all the campagne promises they made. Never gave a thought as to why the revinue was down. Just, we gonna fall short, lets raise taxes. Bastards! Then there is the idiots that think , well every thing else go up, taxes should too.

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Posted · Report post

After reading that post I am now convinced that we actually need to raise taxes, either for better education or to provide spell checkers for everyone.

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[quote name='cookinwithgas' timestamp='1362359359' post='2150443']
After reading that post I am now convinced that we actually need to raise taxes, either for better education or to provide spell checkers for everyone.
[/quote]
Better to not be able to win a spelling bea. Than to fe so fugin stooopid. Hey! you can donate.

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Posted · Report post

That was quite informative.

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[quote name='cookinwithgas' timestamp='1362442128' post='2151158']
That was quite informative.
[/quote]
I know you are but what am I?

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Posted · Report post

I was kinda hoping for nanny nanny boobie or something similar.

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Posted · Report post

As lame as this sounds, if it wasn't for the Panthers/Bobcats, I would have already moved to Florida.

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