The big results of the Census have been trumpeted from every news source in the nation. The list of states gaining and losing Congressional seats isn't surprising, and it will indicate a shift away from Obamanomics in the future. We hope.
But there are other interesting nuggets buried within the data that haven't yet become general knowledge. For example, did you realize that people are leaving high-tax states to live in low-tax states? The census showed precisely that.
Let's look at some examples. New York has a tax rate of 11.7%, and their population grew by only 2.1%, compared to ten years ago. Contrast that with Nevada's 6.6% tax rate and their 35.1% population increase.
Americans are fleeing the high-tax, business-hostile states in favor of states where taxes are lower and the overall business environment is more favorable to success.
Other examples abound.
Rhode Island has a 10.2% tax rate, and the population grew by a mere 0.2%.
Ohio has a 10.4% tax rate, and the population grew 1.6%.
That's not good. On the other hand...
Texas has an 8.4% tax rate, and saw their population increase by 20.6%.
Arizona has an 8.5% tax rate, and saw their population increase by 24.6%.
Those states that are business-friendly, that maintain lower tax rates and don't kow-tow to the unions, saw their populations increase much more than the high-tax, union-friendly states did.
And that says something about how out-of-touch the big-government types are with us ordinary Americans.
Wednesday, December 22, 2010
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