tag:blogger.com,1999:blog-3390192669404630147.post7868207815726310411..comments2023-04-26T05:31:22.992-07:00Comments on Greg Sebourn: A message from Adrian Moore of the Reason FoundationGreg Sebournhttp://www.blogger.com/profile/10530550845992338383noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3390192669404630147.post-15077783428565919272011-01-30T14:00:14.734-08:002011-01-30T14:00:14.734-08:00You mean this Texas:
http://gregsebourn.blogspot.c...You mean this Texas:<br />http://gregsebourn.blogspot.com/2010/10/texas-lower-taxes-lower-government.html<br /><br />California does outperform Texas on a few measures:<br /><br />State and local property tax burden per capita: California $32.89, Texas $36.50 <br />Sales tax per $1,000 of personal income: California $25.62, Texas $29.47 <br /><br />But on most measures that the study uses, Texas comes out ahead:<br /><br />State sales tax rate: Texas 6.25%, California 8.25% <br />Marginal corporate income tax rate: Texas 1% GRT, California 8.84% <br />Total state and local government expenditures per capita: Texas $7,763.49, California $11,256.83 <br />Average annual growth in government spending: Texas 7.02%, California 7.29% <br />Recession-related job loss from peak employment to July 2010: Texas, -2.3%, California, -8.7% <br /><br />“The lighter regulatory burden in Texas also helps its economy flourish in comparison to California, which overloads businesses in the state with excessive costs and burdens,” the 2010 study says.Greg Sebournhttps://www.blogger.com/profile/10530550845992338383noreply@blogger.comtag:blogger.com,1999:blog-3390192669404630147.post-3898432662287816432011-01-29T17:12:34.528-08:002011-01-29T17:12:34.528-08:00Have you seen the mess Texas is in? They have a d...Have you seen the mess Texas is in? They have a deficit like California but have fewer people to pay for it. The thing that really put California in the hole was Enron stealing billions of dollars from Californians by rigging electricity rates. The state has estimated that it cost Ca. about 10 billion dollars. Add interest and a Governor that was ineffective on top of George Bushes voodoo economics and we are lucky to still have a state at all. At least we now have some leadership in Sacramento that is taking this serious and making the tough decisions. Texas on the other hand, asked for and received more stimulus money from the feds than any other state and still they run a deficit like California. They don't seem to be making the hard choices and it will get ugly there soon. Just what did Texas do with all of that Enron money?Tom Sebournhttps://www.blogger.com/profile/10181314524021111122noreply@blogger.com