States face shaky financial futures.

[Monster]

http://www.usatoday.com/story/money...-fiscal-health-pension-funds-report/29763379/

Usa today article ranking states by fiscal futures. Thought it made an interesting read.

 

[Urblock]

Illinois sucks. Fucking Madigan.

 

[Spunky Porkstacker]

Illinois sucks. Fucking Madigan.

:yep:

 

[Warrior Spirit]

NY looking a lot like Greece.

 

[nvanprooyen]

And we have no state income tax. Thanks tourism!

 

[Sunbiz1]

And we have no state income tax. Thanks tourism!

Wages are less in Florida for the same positions offered in Illinois and many other states.

The by-product of "Right to Work" policies.

 

[nvanprooyen]

Depends on what you do.

 

[Sunbiz1]

Depends on what you do.

Agree, hopefully it isn't a skilled trade.

There are Haitians applying stucco in south FL for minimum wage, and of course the savings flow up.

 

[Scoot26]

Wages are less in Florida for the same positions offered in Illinois and many other states.

The by-product of "Right to Work" policies.

Isn't IL a right to work state as well?

 

[policeman]

Brace yourself for higher property taxes.

 

[Sunbiz1]

Isn't IL a right to work state as well?

It's been heading that direction, as unions across the state continue to lose power.

Right to work states prohibit compelling employees to join unions.

 

[winos5]

Texas paid @ 30% higher wages for my profession when I moved here 15 years ago, compared to Illinois (Chicago Metro Area). I tried to move back, just couldn't see it work finacially for me.

 

[Unannounced Fart]

And we have no state income tax. Thanks tourism!

Don't they get it back through other ways, though? Like property taxes? I have no idea, I'm just guessing here.

Also, anyone notice that the states with the murkiest financial futures are pretty much liberal leaning blue states?

 

[nvanprooyen]

Don't they get it back through other ways, though? Like property taxes? I have no idea, I'm just guessing here.

Also, anyone notice that the states with the murkiest financial futures are pretty much liberal leaning blue states?

Our property taxes are pretty middle of the road compared to the rest of the country. A lot lower than IL:

http://www.tax-rates.org/florida/property-tax

We have a sales tax of 6%, but some areas are a little higher. I think most of the revenue comes from tourism (hotel taxes etc), but I'm not 100% sure.