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jimhanson 
Group: Moderator
Posts: 8491
Joined: Aug. 2003
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Posted on: Apr. 17 2012,2:21 pm |
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I wanted to see when Tax Freedom Day happens in Minnesota--the day that you quit working for the government and get to keep what you earn for yourself. Just think--starting next Monday, you'll quit working for the Government, and start working for yourself!  There's something wrong with people that think that the average person (young, old) should be required to work almost 4 months out of the year just to support the bloated government! 
Minnesota
The Facts on Minnesota's Tax Climate
Here are some basic facts on Minnesota's tax system and how it compares to other states:
Tax Freedom Day Arrives on April 22 in MinnesotaTax Freedom Day is the day when Americans finally have earned enough money to pay off their total tax bill for the year. In 2012, Minnesota taxpayers work until April 22 (ranked 8th nationally) to pay their total tax bill. The Tax Freedom Days of neighboring states are: Wisconsin, April 21 (ranked 10th nationally); Iowa, April 9 (ranked 37th nationally); South Dakota, April 4 (ranked 46th nationally); and North Dakota, April 18 (ranked 14th nationally).
Minnesota's State and Local Tax Burden Above National Average
Minnesota's 2009 state and local tax burden of 10.3% of income is above the national average of 9.8%. Minnesota's tax burden has decreased overall from 11.0% (10th nationally) in 1977 to 10.3% (7th nationally) in 2009. Minnesotans pay $4,651 per capita in state and local taxes.
Minnesota's 2012 Business Tax Climate Ranks 45thMinnesota ranks 45th the Tax Foundation's State Business Tax Climate Index. The Index compares the states in five areas of taxation that impact business: corporate taxes; individual income taxes; sales taxes; unemployment insurance taxes; and taxes on property, including residential and commercial property. Neighboring states rank as follows: North Dakota (29th), South Dakota (2nd), Iowa (41st) and Wisconsin (43rd).
50-State Comparison of Business Tax Climates(data only)
2012 State Business Tax Climate Index, Ninth Edition (full study)
Minnesota's Individual Income Tax System Minnesota's personal income tax system consists of three separate brackets with a top rate of 7.85% kicking in at an income level of $74,780. Among states levying personal income taxes, Minnesota's top rate ranks 9th highest nationally. Minnesota's 2008 state-level individual income tax collections were $1,493 per person, which ranked 5th highest nationally.
Minnesota's Corporate Income Tax System
Minnesota's corporate tax structure consists of a flat rate of 9.8% on all corporate income. Among states levying corporate income taxes, Minnesota's rate ranks 3rd highest nationally. In 2008, state-level corporate tax collections (excluding local taxes) were $200 per capita, which ranked 11th nationally.
Minnesota Sales and Excise Taxes
Minnesota levies a 6.875% general sales or use tax on consumers, which is above the national median of 5.85%. In 2007 combined state and local general and selective sales tax collections were $1,456 per person, which ranks17th highest nationally. Minnesota's gasoline tax stands at 27.2 cents per gallon, ranking 20th highest nationally. Minnesota's cigarette tax stands at $1.504 per pack of twenty, which ranks 20th highest nationally. The sales tax was adopted in 1967, the gasoline tax in 1925 and the cigarette tax in 1947.
Minnesota Property Taxes:
Minnesota is one of the 37 states that collect property taxes at both the state and local levels. As in most states, local governments collect far more. Minnesota's localities collected $916.57 per capita in property taxes in fiscal year 2006, which is the latest year the Census Bureau published state-by-state property tax collections. At the state level, Minnesota collected $123.62 per capita during FY 2006, making its combined state/local property taxes $1,040.19 per capita, which ranks 27th highest nationally..
Federal Tax Burdens and Expenditures: Minnesota is a Donor State
Minnesota taxpayers receive less federal funding per dollar of federal taxes paid compared to the average state. Per dollar of Federal tax collected in 2005, Minnesota citizens received approximately $0.72 in the way of federal spending. This ranks the state 46th highest nationally and represents a decrease from 1995 when Minnesota received $0.78 per dollar of taxes in federal spending (44th highest nationally). Neighboring states and the amount of federal money they received per dollar of federal taxes collected were: North Dakota ($1.68), South Dakota ($1.53), Iowa ($1.10) and Wisconsin ($0.86).
MINNESOTA RECEIVES ONLY 72 CENTS OUT OF EVERY DOLLAR WE SEND TO WASHINGTON--AND LIBBIES THINK THIS IS A GOOD IDEA?
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"If you want to anger a Conservative, tell him a lie. If you want to anger a LIBERAL, tell him the TRUTH!"
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Liberal
Group: Moderator
Posts: 11451
Joined: Aug. 2003
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Posted on: Apr. 17 2012,2:26 pm |
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Are you saying that things like school teachers and airports cost money?
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The people are masters of both Congress and courts, not to overthrow the Constitution, but to overthrow the men who pervert it!
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grassman
Group: Members
Posts: 3858
Joined: Mar. 2006
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Posted on: Apr. 17 2012,3:19 pm |
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I think it can be said that there is tons of waste in govt. from the city all the way to the top. That is why whistle blowers need to be protected. The party needs to end. There is necessary and then there is slush and party going on.
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git er done!
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jimhanson
Group: Moderator
Posts: 8491
Joined: Aug. 2003
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Posted on: Apr. 17 2012,3:46 pm |
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Liberal
Nope--just what MOST people know--that the government is bloated and out of control--
That the State of Minnesota is overtaxed, compared to most states.
That the taxpayers only get back 72 cents on every dollar they send in to Washington.
That other nearby states have a better ratio.
That we all work far too long to support the government.
That MOST things can be done far cheaper (including education and airports) by private industry than the government.
That "Government Efficiency" is an oxymoron--or only believed in BY morons.
That no matter what a Donk tells you, you can't cover MORE people for LESS money with government health care, and have BETTER care.
That Social Security was unsustainable from the start--but the bankruptcy of Medicare is an even bigger crisis.
That if we don't cut spending, that there isn't enough money in the country (we are fast closing in on 100% of the entire gross domestic product of the country) to pay for government programs.
That "tax the rich" is a fairy tale--the additional revenue would lower the Obama deficit from $1.4 Trillion per year to 1.395.
That the Donks haven't even produced a Federal budget that gets through the Donk-controlled Senate in over 3 years--they don't even try.
That Obozo's White House budget this year was so laughable that he got NO votes for it--even from the Donks.
That when a libbie is losing an argument--he resorts to personal attacks, rather than deal with the issues.
Big Government supporters got us into this bloated government mess--the adults in the room need to intervene to stop their wild spending.
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"If you want to anger a Conservative, tell him a lie. If you want to anger a LIBERAL, tell him the TRUTH!"
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alcitizens
Albert Lea
Group: Members
Posts: 3664
Joined: Jul. 2009
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Posted on: Apr. 18 2012,5:40 am |
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Are you saying multiple wars and a military industrial complex requires someone to pay for it?
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Self-Banished
Group: Members
Posts: 22682
Joined: Feb. 2006
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Posted on: Apr. 18 2012,7:20 am |
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^...rid of both parties. What he said ^ 
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 Remember boys and girls,
Don’t be a Dick …
Or a “Wayne” 
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| Post Number: 8
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grassman
Group: Members
Posts: 3858
Joined: Mar. 2006
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Posted on: Apr. 18 2012,7:21 am |
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As I mentioned in a post somewhere... that is their inside joke. Let the people fight amongst themselves while we fleece them all. Jimmy falls right into it. 
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git er done!
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| Post Number: 9
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jimhanson
Group: Moderator
Posts: 8491
Joined: Aug. 2003
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Posted on: Apr. 18 2012,2:24 pm |
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Counterfeit-- QUOTE In the first you resort to name calling
You don't like it that I make fun of Obama? It's OK with you that the Donks did the same (and worse) to Bush ("Chimpy"--"Shrub"--and worse? Would you be happier if I just called him "the current occupant" of the White House, as would-be comedian Garrison Keillor did? Are comedians now not supposed to ridicule his constant foibles, either?
"Respect the office, but not the man."
QUOTE and the second you chastise someone else for doing something similar
For calling Liberal a LIBERAL? I realize that amongst CONSERVATIVES--the label LIBERAL has become a vile name--even the liberals run away from the name--now calling themselves "Progressives".
ALC QUOTE Are you saying multiple wars and a military industrial complex requires someone to pay for it? They do--and like most liberals, you blame the military for the bloated government. That couldn't be further from the truth--if you cut ALL military spending, you still couldn't pay for all of the "entitlement" programs. Like it or not, they'll have to be cut--it remains to see who has the guts to do it. It WILL happen--either when we become like Greece, or when the taxpayers demand it.
Don't forget that it was CONGRESS that voted for the military spending, and CONGRESS that approved the military action in Iraq--no matter how libbies try to spin it.
As to the need to do away with the existing two parties--that would be nice--but unlikely. Third (and 4th) parties wouldn't have a chance. Instead, I applaud the further division between the parties--they've become "me-too"--too much alike.
We're coming to a fork in the road--which way will we go? Our socialist-in-chief thinks "we should be more like Europe." Will we be like the Euroweenies, with high taxes, cradle-to-grave government care, and big government controls? Or will we go for minimal government-- get government back out of our lives--repeal failed government programs, and take responsibility for our OWN destiny?
There is no middle ground--the only thing in the middle of the road--IS ROADKILL.
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"If you want to anger a Conservative, tell him a lie. If you want to anger a LIBERAL, tell him the TRUTH!"
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Self-Banished
Group: Members
Posts: 22682
Joined: Feb. 2006
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Posted on: Apr. 18 2012,2:37 pm |
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^Garrison Keillor is supposed to be funny??? 
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Remember boys and girls,
Don’t be a Dick …
Or a “Wayne”
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