The 11 "Death Spiral" States Do you live in one of these?

Sorry, double post.

Last Edited by Let Freedom Ring on 12/05/2012 10:42 AM

Yup. I'm in CNY...

School Tax: $4800
Country Tax: $2000
Village Tax: $1000

Homeowners Fee (yup, property isn't even technically mine): $2400/yr

I'm assessed at $170,000


Fun, right????

#4 Alabama

And on top of that, Jefferson County/Birmingham is also on the brink and has major issues with municipal bonds for a sewer expansion. Possible default in order.

Corrupt politicians seem to be the driving force behind that.

So glad I'm not living in the U.S. anymore

Anyone that doesn't realize that our entire nation is a "death spiral" state is a complete idiot.

Carry on idiots.

Oh, and why in the fuck is this bullshit thread pinned?

I'm really surprised that NY wasn't #2 on that list! #6.. the state is doing better than I ever though.

We have new manufacturing jobs coming in my area... Mostly food (cheese and yogurt) and traditional leather mills but also some high-tech stuff like nano-technology and that spin-off from AMD for processor manufacturing isn't that far from here.

I don't get it? Who on earth would want to be here with such taxes and the unions? Must be one hell of a tax break...

Wow so all the teachers at the schools, the mailmen, fire department, police force, they are all parasites?

A lot of people left Michigan looking for work or when their benefits ran out..

Obama's Market.

Number 9 - Illinois Taker ratio: 1.03
Too many goodies promised to insiders. Unfunded pensions contribute to the balance of 103 takers to every 100 makers.

[link to www.zerohedge.com]

It's because state workers (all federal workers) are supported by taxes paid by the private sector workers. All of government workers salaries,benefits, pensions are inordinately high compared to private sector and are paid through tax monies. ALL of their earnings come from tax dollars.... kind of recycled. I was a state worker for a few years, and people in state jobs are mostly paper shufflers who really accomplish nothing of benefit to the private sector producers.

Well, for those who believe Obama is trying to ruin America, these 11 places are your new safe zones.

For those who believe he is trying to fix America, gtfo or face perile soon.


Big problems require big solutions. Big solutions often involve sudden catastrophe.

just because youre too stupid to understand a math problem dont start bashing shit. "im too dumb to understand whats happening, ill misconstrue information and be a dick" dont you get it, how much tax money goes in verses how much comes out. its economics, public employees are earning tax money, not making something out of scratch.

Zing!
No doubt brother.

GOD BLESS TEXAS !!!!

If the taxpayers have to pay for their retirement they are parasites. People need to start paying their own way.

Yes

Really? Police? Firemen? Teachers? Scientists? Doctors? Engineers?
Really? I mean, really? Really really really??

Yeah. I'm a college professor at a two-hundred-year-old state college, teaching young people, many of them future military, how to think critically, communicate and lead. I don't accomplish anything of benefit.

I live in the country in Virginia. Have ten acres, 2400 sq ft home, huge barn. Property taxes are about $1000 a year.

Location, location, location.

NW Arkansas here. Nice modest house in a good neighborhood. Property tax is about $350 / year and that's refunded each year because of the Arkansas homestead tax credit.

Arkansas has no public debt either and lives within its means of revenue collected.

Revenue for schools is collected yearly through personal property tax. It's assessed once a year and is based on what you claim to posses. Any registered vehicle is mandatory, all other items are voluntary but goes against what you claim to home insurance provider if you house is destroyed.

Property and personal taxes each year run around $800 / year, but like I said, $350 is refunded each year.

Home taxes in Arkansas are pretty much assessed based on life style. It seems to work well.

Exactly! We are paying for "public servants" to have these wonderful retirement packages that we can't afford for ourselves.

No way is this right.

.


I can understand why most states are on the list...
because they have a higher percentage of poor, blacks
and third world immigrants.

I am not familiar with Maine... what is the story there ??



.

You are making your point pretty clear in an ironic kinda way lol. Flaunting it huh?





Last Edited by Jacked Burton on 12/05/2012 01:11 PM

Thank you, but NO I do NOT.

Yep. Right here in #4 Alabama (Albania); a pimple on the ass of prosperity....if the world was going to give the planet an enema; it would be inserted here....more directly, into "Bluebirds" house....(huntsville).

You must work in the private sector for the MONEY $$$

Public sector jobs are not high paying but they are more secure. 15 years ago most people refused to work in the public sector. But now the private sector jobs are being cut, so they see people who worked for 30 years at low paying jobs retire and cant figure out why there not working!!!

CAPITALISM

I live in Ohio and the property taxes are getting out of control here. We have a failing public school system in which more money is spent on teacher salaries, benefits, and retirements then on the students themselves. The kids make due with out dated text books and materials while the teachers remain fat and happy.

My father in law was a school teacher who retired with a pension of $ 4600. per month. Quite a handsome reward for a guy who taught wood shop...Since his death, my mother in law who NEVER HAD A JOB IN HER LIFE continues to collect his full pension. She is a bigger parasite than any worm found in the intestines.

Last Edited by Daughter of Nicholas on 12/05/2012 01:32 PM

They won't get insurance, that's why they drive so damn slow. To keep the cops away, you ever see an illegal get a speeding ticket? Not me...

Yes, they are takers, because who is paying their salary, benefits and retirement? The makers.

Last Edited by truthwillsetyoufreeagain on 12/05/2012 02:22 PM