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« Bursting the Bubble | Main | Informant network »

June 04, 2006

Comments

Major Mike

Interesting. This table (http://www.retirementliving.com/RLtaxburdens.html) shows New Hampshire with the second lowest tax burden, with Alaska as the lowest (instead of the highest, as reported by the Union Leader).
Congratulations still to New Hampshire, but it would be interesting to find out how Alaska is the most expensive on their sheet, and the least on this ranking. It sounds positively Biblical - "the first now shall later be last" - but I don't think Jesus had state tax burdens in mind when he said that.

Tom Bowler

Very interesting. I followed your link to Retirement Living where I found this:

"In calculating the tax burden of a state, total taxes are divided by total income, as reported by the BEA. High-income taxpayers tend to increase the average tax burden -- just as including low-income taxpayers decrease it.

That leads me to think all taxes are included in their calculations, including federal income taxes. That might explain the difference, since the Union Leader article talked only about state and local taxes.

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