Tilted Forum Project Discussion Community - View Single Post - Why would ANYONE want to live in Alabama?

Superbelt · 09-11-2003, 06:49 AM

And the residents sure as hell aren't trying to make things better.

Read all of it Here

An excellent opportunity was missed in that state this week. Theyalmost started on the path to fixing their regressive tax code

That regressivity is ugly. The Institute on Taxation and Economic Policy (ITEP) has summarized the problem:

Alabama families earning less than $13,000 -- the poorest fifth of Alabama non-elderly taxpayers -- pay 10.6% of their income in Alabama state and local taxes.

Middle-income Alabama taxpayers -- those earning between $21,000 and $36,000-- pay 9.8% of their income in Alabama state and local taxes.

But the richest Alabama taxpayers -- with average incomes of $682,000 -- pay only 4.9% of their income in Alabama state and local taxes before taking account of tax savings from federal itemized deductions, and only 3.8% after the federal offset.

You can read about the ugly truth www.itepnet.org/wp2000/al%2520pr.pdf]Here[/url]

The "federal offset" is as, The NYT remids us the complete deductibility of federal taxes on the Alabama state tax form, a deduction that, needless to say, disproportionately helps the well-to-do.

Timber acres, which cover seventy one percent of Alabama's real property and account for substantial profits earned in the state, pay less than two percent of the property taxes, averaging less than one dollar an acre. The minimal property taxes paid by timber is the principal reason that rural parts of the state have no ability to adequately fund their public schools.

__________
Seriously. Alabama is a hellhole and I can't see why the population isn't abandoning that state in droves. It is overwhelmingly poor, and evidently actually penalizing the poor in tax percentage more than the rich. Alabama has one of the lowest tax rates in the nation and that shows through their schools and government services.

09-11-2003, 06:49 AM	#1 (permalink)
Superbelt This vexes me. I am terribly vexed. Location: Grantville, Pa	Why would ANYONE want to live in Alabama? And the residents sure as hell aren't trying to make things better. Read all of it Here An excellent opportunity was missed in that state this week. Theyalmost started on the path to fixing their regressive tax code That regressivity is ugly. The Institute on Taxation and Economic Policy (ITEP) has summarized the problem: Alabama families earning less than $13,000 -- the poorest fifth of Alabama non-elderly taxpayers -- pay 10.6% of their income in Alabama state and local taxes. Middle-income Alabama taxpayers -- those earning between $21,000 and $36,000-- pay 9.8% of their income in Alabama state and local taxes. But the richest Alabama taxpayers -- with average incomes of $682,000 -- pay only 4.9% of their income in Alabama state and local taxes before taking account of tax savings from federal itemized deductions, and only 3.8% after the federal offset. You can read about the ugly truth www.itepnet.org/wp2000/al%2520pr.pdf]Here[/url] The "federal offset" is as, The NYT remids us the complete deductibility of federal taxes on the Alabama state tax form, a deduction that, needless to say, disproportionately helps the well-to-do. Timber acres, which cover seventy one percent of Alabama's real property and account for substantial profits earned in the state, pay less than two percent of the property taxes, averaging less than one dollar an acre. The minimal property taxes paid by timber is the principal reason that rural parts of the state have no ability to adequately fund their public schools. __________ Seriously. Alabama is a hellhole and I can't see why the population isn't abandoning that state in droves. It is overwhelmingly poor, and evidently actually penalizing the poor in tax percentage more than the rich. Alabama has one of the lowest tax rates in the nation and that shows through their schools and government services.