Do you have adblock enabled?
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Marketwatch)   Say what you want about Mississippi and Louisiana, but their residents have already reached Tax Freedom Day   (marketwatch.com ) divider line
    More: Spiffy, Tax Freedom Day, Mississippi  
•       •       •

1318 clicks; posted to Business » on 06 Apr 2014 at 11:15 AM (2 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



32 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2014-04-06 09:26:02 AM  
No wonder they can afford to eat so much.
 
2014-04-06 09:34:21 AM  
I'm sure they're lining up to thank the federal government for subsidizing them as well
 
2014-04-06 09:55:30 AM  
Oh good, that means the rest of us can start chipping in to handle their basic services. Yippee.
 
2014-04-06 10:24:25 AM  
Having recently driven on Louisiana roads, perhaps they should add a couple of days or weeks to this formula.
 
vpb [TotalFark]
2014-04-06 11:01:58 AM  
I wonder why?

media.economist.com
 
2014-04-06 11:24:48 AM  
And when we all think of top notch public services, quality education, and overall quality of life, we all think of Biloxi.


Cue Lewis Black rant about public spending in Mississippi.
 
2014-04-06 12:01:44 PM  

Peter von Nostrand: I'm sure they're lining up to thank the federal government for subsidizing them as well


Only having to pay $900 for a $1000 hammer isn't really something to be thankful for.
 
2014-04-06 12:05:23 PM  
Say what you want about Mississippi and Louisiana

Don't mind if I do:
#1 and #4 in adult obesity rate in the US, and #7 and #8 in childhood obesity rate (Source)
#2 and #8 highest teen pregnancy rate (Source)
#1 and #2 highest poverty rate (Source)
#50 and #44 in median family income (Source)
#50 and #29 in per capita income (Source)

But congratulations on saving a small amount of taxes on your below-average income there.
 
2014-04-06 12:11:28 PM  
Really?

3.bp.blogspot.com
 
2014-04-06 12:33:57 PM  

Arkanaut: Say what you want about Mississippi and Louisiana

Don't mind if I do:
#1 and #4 in adult obesity rate in the US, and #7 and #8 in childhood obesity rate (Source)
#2 and #8 highest teen pregnancy rate (Source)
#1 and #2 highest poverty rate (Source)
#50 and #44 in median family income (Source)
#50 and #29 in per capita income (Source)

But congratulations on saving a small amount of taxes on your below-average income there.


StopLurkListen: Really?

[3.bp.blogspot.com image 850x667]


obvious data is obvious
it must be AWESOME to live in such backward states!!
ESP if you dont have kids or could care less about education.
 
2014-04-06 12:37:37 PM  
I have paid taxes in one of these states, while voting (entirely in vain) for candidates who I hoped would raise my taxes through the farking ROOF.

I guess what I'm saying is, my conscience is clean and thanks for the money. Send more.
 
2014-04-06 12:42:52 PM  
namatad: It must be AWESOME to live in such backward states!!
ESP if you dont have kids or could care less about education.


I have suspected for years that the right wing's opposition to public school funding is based on the fear that someone, somewhere, might teach their kids to be smarter than them.
 
2014-04-06 12:53:55 PM  
Just how much taxes do Americans pay, anyway?

I ask because I live in Canada, and my Federal+Provincial income taxes has come in at between 20-25% of total income for as long as I've been working.  That would put my "tax freedom date" at end of March - same as Mississippi and Louisiana. That doesn't add up, given that I've been told Canadians pay more in taxes. Are they counting sales tax or something?
 
2014-04-06 01:17:45 PM  
Yeah! Screw expanding Medicaid!
 
2014-04-06 01:19:45 PM  

trialpha: Just how much taxes do Americans pay, anyway?

I ask because I live in Canada, and my Federal+Provincial income taxes has come in at between 20-25% of total income for as long as I've been working.  That would put my "tax freedom date" at end of March - same as Mississippi and Louisiana. That doesn't add up, given that I've been told Canadians pay more in taxes. Are they counting sales tax or something?


almost never. same with property taxes (Texas has the highest burden in the country)
 
2014-04-06 01:25:45 PM  
Its ok, they have those awful socalist blue states to float them along and fund all their expenses.
 
2014-04-06 01:44:17 PM  

trialpha: Are they counting sales tax or something?


I can't speak to what methodology (if any) this site is using. But the way these "tax freedom" things usually go, they are counting everything, at the highest conceivable marginal rate, plus sales tax, city tax, county tax, mortgage filing fee, property tax, railroad tax, driver's license renewal fees, mining permit fees, the cost of renting a cabin at every state park, beautician's license fees, car registration, greens fees at any municipal golf courses in the state, dog license, huntin' license, huntin' dog license, marriage license, civil union license (no homo!), school board levies, a fruit basket for the Governor, and the cost of the ink in the adding machine used to add all of the above up.

By this they conclude that the average American is paying 40-50% of their income in taxes. Which is possible, but only if you're working a minimum-wage job and living in a high sales tax state like... oh, say, MS or LA.
 
2014-04-06 02:47:06 PM  
OK, we know what it costs to live there.

Now what would you pay NOT to live there?
 
2014-04-06 03:15:36 PM  
DrPainMD: derpderp_I_am_so_stupid_i_think_only_the_government_mak es_mistakes_or_ wastes_money_derpderpderp

Nah, you're even stupider than that.
 
2014-04-06 03:19:58 PM  

davynelson: OK, we know what it costs to live there.

Now what would you pay NOT to live there?


Louisiana has the most beautiful girls on the face of the earth. You just have to grab them  by the hair and drag them out of there before they get fat.
 
2014-04-06 03:49:45 PM  

trialpha: Just how much taxes do Americans pay, anyway?

I ask because I live in Canada, and my Federal+Provincial income taxes has come in at between 20-25% of total income for as long as I've been working.  That would put my "tax freedom date" at end of March - same as Mississippi and Louisiana. That doesn't add up, given that I've been told Canadians pay more in taxes. Are they counting sales tax or something?


Usually yes the include everything. How they do it in each case canbe subject to criticism.

As for the comparison, it depends on a lot of things including the province and state being compared, types of income, filing status, and income levels.

A person making a $1 million employment income in Alberta will pay significantly less than a single individual in California.

On the other hand, a single income married couple around $100,000 income in Louisiana would be paying a lot less than a similar couple in Quebec.

This is part of thereasonthat the "tax freedom day" schtick is pretty much BS. There are so many variations that it is pretty much impossible to generalize.
 
2014-04-06 04:11:36 PM  

DrPainMD: Peter von Nostrand: I'm sure they're lining up to thank the federal government for subsidizing them as well

Only having to pay $900 for a $1000 hammer isn't really something to be thankful for.


I know you're trolling but there is a reason why $400 toilet seats show up on the books, it's to hide the black project's budget. You think Lockheed put the SR-71 development in its finacial statement?

/Mississippi - proving you can go through life fat, drunk, and stupid.
 
2014-04-06 05:00:21 PM  

StopLurkListen: Really?

[3.bp.blogspot.com image 850x667]


That chart is pretty silly to compare overall tax burden per state, considering some states have a sales tax with no income tax, and other states have an income tax, but no sales tax.
 
2014-04-06 06:19:00 PM  

whither_apophis: DrPainMD: Peter von Nostrand: I'm sure they're lining up to thank the federal government for subsidizing them as well

Only having to pay $900 for a $1000 hammer isn't really something to be thankful for.

I know you're trolling but there is a reason why $400 toilet seats show up on the books, it's to hide the black project's budget. You think Lockheed put the SR-71 development in its finacial statement?



So, the death ray isn't under budget?
 
2014-04-06 10:16:36 PM  

davynelson: OK, we know what it costs to live there.

Now what would you pay NOT to live there?


I pay my Illinois taxes (6% sales tax, 5% flat income tax, fuel taxes, excise taxes on cigarettes and alcohol, to name a few) so that I can not live in a state like Louisiana or Mississippi. I'd pay more to live in a state like pre-Scooter Wisconsin.
 
2014-04-06 10:19:54 PM  

twat_waffle: davynelson: OK, we know what it costs to live there.

Now what would you pay NOT to live there?

I pay my Illinois taxes (6% sales tax, 5% flat income tax, fuel taxes, excise taxes on cigarettes and alcohol, to name a few) so that I can not live in a state like Louisiana or Mississippi. I'd pay more to live in a state like pre-Scooter Wisconsin.


You mean pre-ALEC Wisconsin?
 
2014-04-06 10:54:41 PM  

sethstorm: twat_waffle: davynelson: OK, we know what it costs to live there.

Now what would you pay NOT to live there?

I pay my Illinois taxes (6% sales tax, 5% flat income tax, fuel taxes, excise taxes on cigarettes and alcohol, to name a few) so that I can not live in a state like Louisiana or Mississippi. I'd pay more to live in a state like pre-Scooter Wisconsin.

You mean pre-ALEC Wisconsin?


Isn't that what I said?
 
2014-04-06 11:23:45 PM  

ghare: DrPainMD: derpderp_I_am_so_stupid_i_think_only_the_government_mak es_mistakes_or_ wastes_money_derpderpderp

Nah, you're even stupider than that.


So, you think paying $900 for a $1000 hammer is a good deal?
 
2014-04-07 12:48:12 AM  
South Louisiana is one of the greatest places on earth. Its not our fault the state extends north of I10.
 
2014-04-07 05:06:18 AM  

twat_waffle: sethstorm: twat_waffle: davynelson: OK, we know what it costs to live there.

Now what would you pay NOT to live there?

I pay my Illinois taxes (6% sales tax, 5% flat income tax, fuel taxes, excise taxes on cigarettes and alcohol, to name a few) so that I can not live in a state like Louisiana or Mississippi. I'd pay more to live in a state like pre-Scooter Wisconsin.

You mean pre-ALEC Wisconsin?

Isn't that what I said?


Wasn't sure, I'm from the only state that managed to smack some humility back into them - Ohio.
 
2014-04-07 07:58:11 AM  

DrPainMD: ghare: DrPainMD: derpderp_I_am_so_stupid_i_think_only_the_government_mak es_mistakes_or_ wastes_money_derpderpderp

Nah, you're even stupider than that.

So, you think paying $900 for a $1000 hammer is a good deal?


And what's the typical price tag on the same quality "hammer" around the world, hmm?
 
2014-04-07 08:51:38 AM  

StopLurkListen: Really?

[3.bp.blogspot.com image 850x667]


Those numbers aren't the same everywhere within those states.  I paid a lot more than that in Houston (though the lack of taxes on groceries was nice), and I pay less than that in San Diego.

States have to pay for stuff somehow.  Property taxes are much, much higher in Texas.  California has some of the lowest in the country, and they don't go up when the value of your home increases, so over a lifetime, California is cheaper.
 
Displayed 32 of 32 comments

View Voting Results: Smartest and Funniest

This thread is archived, and closed to new comments.

Continue Farking
Submit a Link »
On Twitter






In Other Media


  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.

Report