Posted Jan 21, 2020, 3:47 PM
|
Registered User
|
|
Join Date: Oct 2009
Location: New York
Posts: 9,896
|
|
Quote:
Originally Posted by PhillyRising
I have always said this. Texas just taxes things that can't move but in the end you will pay.
When you tax income, the jobs can move. That's what happened to Philadelphia. In the 1960's and 70's they kept raising taxes on income and business but wouldn't raise property taxes. So the jobs moved and then so did the people. If they had raised the property taxes on homes and commercial property but kept the income and business taxes lower, the decline would not have been as immense.
|
Because companies don't vote.
|