Texas Leads Job Growth at All Income Levels

[Koapa]

Bruhs there's a fracing boom going on down here. The Barnett and Eagle Ford shale. There's so much money being made in the oil and gas industry. The problem is that the companies don't give a fuc where they put the rigs at. Doesn't matter your social or financial class they will put that loud as rig next to your house. And the lower tier hydraulic drillers are contaminating groundwater left and right.

There is alot of fucery that goes on in Tx when it comes to regulations and taxes. Tx legislatures makes it very easy for companies to operate in Tx but the many companies would create major environmental damage and majority of the time, the companies are not held accountable and the citizens pick up the bill through taxes.

Another thing about Tx, we were in the red severely a couple of years ago. Governor Perry took the stimulus money from President Obama and balanced the books instead of pumping the money into projects.

One thing I noticed about Republicans in Tx. there not as conservatives as we think. They're really moderate Republicans. Yea, they say they don't like government but these fucers always crying to government for help.


I luv my state but just pointing out the fucery. There's sooo much more.

 

[69 others]

Bruhs there's a fracing boom going on down here. The Barnett and Eagle Ford shale. There's so much money being made in the oil and gas industry. The problem is that the companies don't give a fuc where they put the rigs at. Doesn't matter your social or financial class they will put that loud as rig next to your house. And the lower tier hydraulic drillers are contaminating groundwater left and right.

There is alot of fucery that goes on in Tx when it comes to regulations and taxes. Tx legislatures makes it very easy for companies to operate in Tx but the many companies would create major environmental damage and majority of the time, the companies are not held accountable and the citizens pick up the bill through taxes.

Another thing about Tx, we were in the red severely a couple of years ago. Governor Perry took the stimulus money from President Obama and balanced the books instead of pumping the money into projects.

One thing I noticed about Republicans in Tx. there not as conservatives as we think. They're really moderate Republicans. Yea, they say they don't like government but these fucers always crying to government for help.


I luv my state but just pointing out the fucery. There's sooo much more.

Good post.

 

[7oclock]

Texas seems to be one of the few red states with a half way decent state government (though let's face it having energy resources out the ass doesn't hurt either)

it's a cash rich state, natural resources out the ass, and obviously is one of the biggest states - it should b egenerating positive cash flows

 

[the cac mamba]

$25 per toll and shyt. .

 

[you're NOT "n!ggas"]

I think they finally changed it now, but for a long time shyt was out of hand. fukking criminal.

Geoff Hartford of Denton says a $3.17 toll charge cost him $139 in payments to a collection agency. He was charged with five late payment violations at $25 each.

Charles Evans says he received a bill for $518 for about $18 in tolls. Two employees told him that if he didn’t pay the bill, he could be arrested, he said. Then the NTTA agreed to settle for $187. But when he went to the NTTA’s Web site to buy a TollTag, he found that if he bought a tag he could pay the $18 and clear his account.

 

[theworldismine13]

that long ass article says nothing

 

[No1]

There's no need for that combative dismissive tone. You're downplaying my alternate opinion. You might want to move this thread to Free Speech.

Well played sir. I was talking about Texas but well played.

 

[No1]

I read part of the article....its way too long....whats your point?????

hold on I'll do it for you without reading it.....tax rich people more....

So you obviously didn't read the article. I suggest you go read it and then you'll get the point. I bolded and "red=ed" parts because I know people don't read. Heck, I even deleted paragraphs out of it. The article basically takes every talking point about Texas' resurgence to task and undermines every claim. It points out that Texas is far from delivering what a progressive-minded person would consider ideal. Especially seeing as how it points out that you may very well be paying MORE taxes overall in comparison to "blue states" like CA unless you're very wealthy, etc. The point of the article is that TX's success is not due to red-state policies like Perry is claiming, it's due more to natural resources and demographic shifts (mostly Mexican immigration), and even then there are serious problems...problems that are worst off than blue states. You're a smart guy, when you find yourself in a position where anti-empirical data individuals (I'm not saying any names) are your most ardent supporters in a thread, it's time to go review the information.

You could not have possibly read:

The state may offer low housing prices compared to California and an unemployment rate below the national average, but it also has low rates of economic mobility, minimal public services, and, unless you are rich, taxes that are as high or higher than most anywhere else in America. And worse, despite all the oil money sloshing around, Texas is no longer gaining on the richest states in its per capita income, but rather getting comparatively poorer and poorer

And unlike in California, middle-class families in Texas don’t get the advantage of having rich people share equally in the cost of providing government services. The top 1 percent in Texas have an effective tax rate of just 3.2 percent. That’s roughly two-fifths the rate that’s borne by the middle class, and just a quarter the rate paid by all those low-wage “takers” at the bottom 20 percent of the family income distribution. This Robin-Hood-in-reverse system gives Texas the fifth-most-regressive tax structure in the nation.

The business case for Texas does not speak for itself. It may be a great place to be a big oil or petrochemical company, or a politically favored large corporation able to wring out tax concessions. Its state laws are also hostile to unions, and its wage levels are generally lower than in much of the rest of the country. But for the vast majority of businesses, which are small and not politically connected, Texas doesn’t offer any tax advantages and is in many ways a harder place to do business. This is consistent with Census Bureau data showing that a smaller share of people in Texas own their own business than in all but four other states.

Moving a business to Texas also turns out to have tax consequences that are inconsistent with the conservative narrative of the Texas Miracle. Yes, some businesses manage to strike lucrative tax breaks in Texas. As part of an industrial policy that dares not speak its name, the state government, for example, maintains the Texas Enterprise Fund (known to some as a slush fund and to others as a “deal-closing” fund), which the governor uses to lure favored businesses with special subsidies and incentives.

But most Texas businesses, especially small ones, don’t get such treatment. Instead, they face total effective tax rates that are, by bottom-line measures, greater than those in even the People’s Republic of California. For example, according to a joint study by the accounting firm Ernst & Young and the Council on State Taxation, in fiscal year 2012 state and local business taxes in California came to 4.5 percent of private-sector gross state product. This compares with a 4.8 percent average for all fifty states—and a rate of 5.2 percent in Texas. With the exception of New York, every major state in the country, including New Jersey, Massachusetts, Pennsylvania, Ohio, Michigan, Indiana, Illinois, Wisconsin, and Minnesota, has a lower total effective business tax rate than Texas. If you think that means Texas might not offer as much “liberty” as advertised, well, you’re right.

And still be wondering what my point is. The point is that Texas overall is next to last in education, has lower upward mobility than the vast majority of states in the union, per captia income that is going in the opposite direction (the article does caveat this in the end), is a harder place to do business than most blue states unless you're a big time corporation that is being subsidized by the Texas government, most of its success is tied to jobs related to its bustling energy sector and not "conservative" policies and demographic shifts, and those demographic shifts are not borne of people moving to Texas for its opportunities because just as many, if not more natural-born US citizens LEFT Texas to go to places like CA than moved to Texas in recent years. Instead, the vast majority of Texas' growth is based upon Mexican immigrants, and their growth has led to the need for more services which as led to more jobs, and has widened the job pool which has led to the creation of more low-paying jobs to provide basic services. This is not a miracle of TX's innovation. I'm not some cookie-cutter progressive who accepts something just because it is the progressive position...these are the same guys who like to call me "Cory Booker" because I don't just accept progressive policies on face without someone convincing me no matter how instinctively sympathetic I am. So if you truly believe in this TX miracle, I ask you----convince me. I am unconvinced by Rick Perry, that is my point.

 

[88m3]

Live in the South, Brehs.

 

[colicolicoli]

so why did @colicolicoli move to SoCal...

A lot of jobs that I'm not qualified for...