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09-11-2003, 06:49 AM
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#1 (permalink) |
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This vexes me. I am terribly vexed.
Location: Grantville, Pa
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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. |
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09-11-2003, 08:14 AM
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#2 (permalink) |
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Banned
Location: St. Paul, MN
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i have to have hope that the alamaba christian coalition will be asked some very tough questions in the hereafter about their stand against this. Something about how tough it is for a rich man to enter heaven, and how one cannot serve both God and greed...
Why aren't more leaving? it costs $ to move. money the poorest of the poor don't have. it's neo-serfdom, IMO. |
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09-11-2003, 10:08 AM
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#6 (permalink) |
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Junkie
Location: Florida
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Sweet! Gives people a good incentive to work harder and make more money.
There's nothing more disgusting than making more money, only to move into the next higher bracket and come back with less than before after taxes are deducted. It'd be damn nice to get a tax break along with a raise! |
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09-11-2003, 10:27 AM
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#7 (permalink) |
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This vexes me. I am terribly vexed.
Location: Grantville, Pa
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Yeah good idea. Leave the poorer people paying more than their fair share of taxes while the richer ones get to coast by paying almost nothing.
And we can all see what a model state that. I wish Pennsylvania was more like good ol 'bama! |
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09-12-2003, 01:57 PM
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#11 (permalink) |
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Cracking the Whip
Location: Sexymama's arms...
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Birmingham is a nice city. I especially enjoyed touring that (closed) steel mill on the edge of the city as well as the civil rights museum.
I must confess tho, that tax structure sounds seriously fuxored.
__________________
"Of all tyrannies, a tyranny exercised for the good of its victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." – C. S. Lewis The ONLY sponsors we have are YOU! Please Donate! |
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| alabama, live |
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