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Special Report on State-Local Tax Burdens

Tax Foundation has just released a new report on state-local tax burdens, which fall in 2009 as tax revenues shrink faster than income.

In the graph below, I find interesting regional patterns across states. All the top-10 states, except for California, are in the north. Or you may say they are all water-front states. Is it just coincidence?




I don't think this is a coincidence... All this states have more spending's then revenues. We need proper economists to help us recover from the crisis...

It doesn't surprise me either. I mean California is so bankrupt these days they keep spending way more money then they are actually pulling in. Much like the United States has been for many years. I think we need to start taking advice from that family down the road with the nice house and happy kids that put all their money in savings and worked most of their lives to get where they are now. You know every neighborhood has that family that payed off all their dept's and now get to reap the rewards. The US should take cues from them.

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Hubert H. Humphrey Institute of Public Affairs