Illinois vs. Texas and Indiana

[Mainecoons]

Here it is in hard data to show just how a high tax, bad government liberal state destroys the economic opportunity of its residents. This is too factual for Cigar and Exo to understand but the rest of you may find it interesting. Note the comparison also with Indiana, another midwestern state of similar size and similar climate disadvantage yet it is holding its own against the southward movement of business and people.


The common refrain made against Texas by those who defend the status quo in Illinois is that the jobs being created in the Lone Star State are lower-paying and less-rewarding opportunities.

But not anymore. Texas is now unquestionably besting Illinois in providing for the middle class.
According to the Bureau of Labor Statistics, in 2012 the inflation-adjusted median household income for Texas surpassed that of Illinois for the first time since 1984, when the statistic first started being recorded.

That means the household making the median income in Texas is taking home a bigger paycheck than the household making the median income in Illinois.
Read more at http://globaleconomicanalysis.blogspot.com/2014/02/jobs-bowl-illinois-vs-texas-and-indiana.html#uFACZI7p2QveptTS.99


This story isn’t a simple comparison; it’s also a transfer. From 1995-2010, Illinois had a net loss of nearly 33,000 households representing just less than 80,000 people to net out-migration to Texas alone. In terms of dollars, Illinois lost $1.98 billion in taxable income to Texas, or $60,500 per household lost.


The data show that in 2012, Illinois had a net loss of residents to each of its neighboring states, and that Illinois had a greater net loss to Indiana than to any other state in the union.

Indiana doesn’t offer the warm climate of destinations such as Florida and Texas. Illinoisans cross the border because of policy failures.

Wisconsin Gov. Scott Walker and former Indiana Gov. Mitch Daniels (http://illinoispolicy.us1.list-manage2.com/track/click?u=7fe208d3c85ffa1d03aeaade4&id=0970837b2e&e=c037f099ab), along with former Chicago Mayor Richard M. Daley correctly predicted that raising the corporate tax rate to the fourth-highest in the nation (http://illinoispolicy.us1.list-manage1.com/track/click?u=7fe208d3c85ffa1d03aeaade4&id=f35788abe8&e=c037f099ab) would drive residents and business across the border.

Workers’ compensation costs in Illinois are also the fourth-highest nationally (http://illinoispolicy.us1.list-manage.com/track/click?u=7fe208d3c85ffa1d03aeaade4&id=6b662dabdb&e=c037f099ab), while Indiana has the second-lowest rates. Indiana, Wisconsin and Iowa are Right-to-Work states, and ending forced-unionism is becoming a hot issue in Missouri (http://illinoispolicy.us1.list-manage1.com/track/click?u=7fe208d3c85ffa1d03aeaade4&id=3135991de3&e=c037f099ab).

Illinois’ overall regulatory burden ranks it 42nd-best nationally, and residents pay the ninth-highest tax burden (http://illinoispolicy.us1.list-manage.com/track/click?u=7fe208d3c85ffa1d03aeaade4&id=fdb3fb974c&e=c037f099ab) of any state.

In short, Illinois stands out from its neighbors as the state doing the least to create opportunity for its
citizens through common-sense economic reform.

You can't run and you can't hide from this reality. Just as the runamuck U.S. Federal government is destroying opportunity and driving jobs out of the U.S., within the U.S. individual states with similar progressive policies are "achieving" the same result.

[Green Arrow]

Tennessee is better than all three of those :tongue:

[Cigar]

I like what Software Engineers get paid in Illinois ... over those states.

BTW ... we have almost 6 feet of Snow and 20 plus days of sub-zero temps this year so far; not once was any major city shutdown. :laugh:

[Chris]

I like what Software Engineers get paid in Illinois ... over those states.

BTW ... we have almost 6 feet of Snow and 20 plus days of sub-zero temps this year so far; not once was any major city shutdown. :laugh:



^Typical progressive, talks the talk of general good intentions but bottom line is only selfishly concerned how policy affects him.

[Ethereal]

What most so-called progressives don't understand is that in order for poor people to rise out of poverty, and for a "middle class" to arise in their place, they NEED to take those "low paying" jobs that allow them to climb out of the hole. They use those initial jobs as a stepping stone to better jobs and as a way of saving up capital for investment in their children's education. That is why Texas and Indiana are going to continue kicking Illinois' butt. The only hope this state has is Bruce Rauner. He says he'll "shake up" Springfield. I'd like to see that.

[Ethereal]

I like what Software Engineers get paid in Illinois ... over those states.

Except the cost of living is higher in Illinois, especially Chicago.


BTW ... we have almost 6 feet of Snow and 20 plus days of sub-zero temps this year so far; not once was any major city shutdown. :laugh:

Too bad the state's finances are in shambles. Maybe the Democrats can raise income taxes again. That should really boost our state economy.

[nic34]

Good for Texas, now maybe those folks can better pay to feed their kids and get better healthcare.....

http://healthblog.dallasnews.com/2013/06/from-the-nothing-to-be-proud-of-file-texas-ranks-last-in-country-in-mental-health-spending-one-in-five-dallas-county-kids-are-hungry.html/ (http://healthblog.dallasnews.com/2013/06/from-the-nothing-to-be-proud-of-file-texas-ranks-last-in-country-in-mental-health-spending-one-in-five-dallas-county-kids-are-hungry.html/)

[BB-35]

Tennessee is better than all three of those :tongue:

Hard to picture anyone from Texas saying 'they might go to hell,And I would go to Tennessee' :grin:

[Cigar]

Look ... you chose to live where ever you want.

If you don't like a place, don't go there.

So what's the big deal?