How do some states (TN, FL, etc) get by with having no income tax? Why can’t every state get rid of it?
In: Economics
There are only three concepts when it comes to running a state’s affairs based on taxes paid:
1. You get what you pay for.
2. You don’t get what you don’t pay for.
3. You don’t get what you pay for.
Tennessee follows second. Several New England states, for example, follows first. There are states which follow third and are, generally, the southern states with low literacy, high poverty.
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