Better Idea for States

http://www.nytimes.com/2009/03/01/us/01sin.html?hp

Given the current economic conditions, it is expected that states would try to tax everything under the sun; they have their own payrolls and expenses, not even counting programs, are are crunched under the same increase in living expenses we as consumers are.

If I was a governor I would favor a policy of no new tax increases. Let's take New York for example. If Patterson knew that Pennsylvania, Vermont, Massachusetts, and any other bordering state were going to raise taxes, I would leave mine alone. When citizens of those states realize they are paying more for less, and then realize they could move an hour over the border and see their dollars go further, New York would experience an unbelievable increase in revenue. More consumers will be paying property and sales taxes. Our population will grow. And our economy will flourish in comparison with other states.

Raising taxes might be beneficial in the short term. After all, it takes a lot for someone to quit their job and move out of their home, leaving friends and family behind. But as time goes on, such a demographic shift would undoubtedly occur. People will lose their jobs, graduate from school, or otherwise find a good opportunity to move to a place with lower taxes and more bang for their buck.

Until we meet again, goodbye!