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cornopean
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PostPosted: Mon Apr 06, 2009 7:26 pm    Post subject: Are low tax, GOP led states doing better than....? Reply with quote
I had some time so I thot I would run this test. Of the ten states with the lowest unemployment rate, how many have GOP governors.
http://www.bls.gov/web/laumstrk.htm

results were pretty uninformative. I have never been a big fan of these kind of things. The real truth is in the policies of each state. Which states are low tax, low regulation, business friendly states. That will require more research but here are the results.


Dem
Oklahoma
New Mexico
New Hamp
Iowa
Wyoming


GOP
Louisiana
Utah
South Dakota
North Dakota
Nebraska
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cornopean
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PostPosted: Mon Apr 06, 2009 7:33 pm    Post subject: Re: Are low tax, GOP led states doing better than....? Reply with quote
This chart shows the comparative tax burden of each state.
http://www.retirementliving.co.....n_2008.pdf

Here are the top states for unemployment. The number after each state is their rank in the above chart for their tax burden (1 being the worst; 50 the best)

1 WYOMING 48th
2 NEBRASKA 17th
3 NORTH DAKOTA 33rd
4 SOUTH DAKOTA 45th
5 IOWA 31st
6 UTAH 22nd
7 NEW HAMPSHIRE 46th
8 NEW MEXICO 44th
9 OKLAHOMA 19rd
10 LOUISIANA 42nd


I think this shows a definite trend towards low tax states being better off than high tax states. agreed?
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cornopean
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PostPosted: Mon Apr 06, 2009 7:37 pm    Post subject: Re: Are low tax, GOP led states doing better than....? Reply with quote
Here is the same data only this time I compared the tax burden of the worst states for unemployment. (1st is the lowest tax burden; 50th the highest)


41 Florida 47th
41 INDIANA 28th
41 OHIO 7th
45 NEVADA 49th
46 CALIFORNIA 6th
46 RHODE ISLAND 10th
48 NORTH CAROLINA 20th
49 OREGON 26th
50 SOUTH CAROLINA 37th
51 MICHIGAN 27th


more evidence that high tax states are not doing well for unemployment.
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cornopean
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PostPosted: Mon Apr 06, 2009 7:42 pm    Post subject: Re: Are low tax, GOP led states doing better than....? Reply with quote
so the statistical average are these:

The states with the highest unemployment rate had an average ranking in the tax burden comparison of 25.7.

The states with the lowest unemployment rate had an average ranking in the tax burden comparison of 34.7.

Is this evidence that low tax states have better economies than high tax states? If you're a lib, none of this will matter. Smile
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cornopean
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PostPosted: Mon Apr 06, 2009 7:52 pm    Post subject: Re: Are low tax, GOP led states doing better than....? Reply with quote
The top ten states have an average tax burden of 8.72%.

The ten worst states have an average tax burden of 9.19%.

Here is my spreadsheet if anyone cares.
http://spreadsheets.google.com.....U2nwjhyxZA
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