Who’s Got Our Back with Taxes
Folks in those states have higher wage and benefit base due to less attacks on workers from right wing nut jobs. Therefore their workers can afford to live there. Salaries for their state workers are higher and the benefits are better in these states. Having a livable wage means discretionary income and therefore the multiplier effect works for these state. RI with a very corporate mentality is a leader in the race to the bottom via Dumb Dumb Disaster Don and the GA enablers. These RI misfits keep thinking that RI is their personal candy store where only they deserve the sweetness. The outcome of this kind of simplistic thinking is obvious. RI was better off when workers were better off. It is a strong middle class that makes the economy work best. Less greed means more for all in the long run.
Most interesting about this is the revelation that the lefty perspective treats the public labor force as the basic determining factor of a state’s health. That’s a broad topic, though, branching from psychology to socialist theory, so I’ll leave it to the reader to speculate.
For my purposes, it’s enough to point out that, according to IRS data, Rhode Island relies more heavily on its middle class, and less on its wealthy citizens, than do Massachusetts and Connecticut:
Now, progressives are free to decry this state of affairs in Rhode Island, but they can’t have it both ways. They can’t cite a healthy middle class as the reason that Massachusetts and Connecticut citizens paid more in income taxes per $1,000 of aggregate income even though both states have lower tax rates on “the rich” while lamenting that Rhode Island’s middle class pays a larger percentage of the state’s income tax revenue.
The plain summary is that Massachusetts and Connecticut both tax wealthier citizens less, yet wind up collecting a greater amount of the population’s total income, largely from the upper brackets. What a mystery!