Recent comments in /f/Maine

BackItUpWithLinks t1_jbex7xr wrote

> talk to anyone who moved to the USA from places like Canada, Australia, many places in Europe. They often think they will be free from high taxes, only to discover it gets transplanted to other places, and they are paying for it elsewhere.

So, that’s exactly what I said. The US has relatively low taxes until you add in healthcare, then it goes up to be about in-line with other developed countries.

You agreed with me.

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SobeysBags t1_jbevfwi wrote

Health insurance premiums in the USA are the highest in the world, the average for a single person being $500 a month and for a family $1300 a month. This doesn't include max out of pocket deductibles an other co-pays etc. That's brutal. Sure this is not a tax, but it is a de-facto required expense, as if you go without this, you are putting your life and livelihood at risk along with your family's. So it is not brining it "in-line" with other countries it is going above and beyond. Not to mention things like property tax and other forms of taxation in these states with no income tax or sales tax gets hidden from international comparisons. Honestly talk to anyone who moved to the USA from places like Canada, Australia, many places in Europe. They often think they will be free from high taxes, only to discover it gets transplanted to other places, and they are paying for it elsewhere.

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Skjeggape t1_jbeoqr9 wrote

>https://smartasset.com/retirement/retirement-taxes

I spent some time once trying to find state SPENDING numbers, and although it ends up getting skewed because of states that in general are net contributors vs net beneficiaries of Federal dollars + military spending + deficit spending, over time, net revenue from taxes and spending will need to balance out. I basically took this: https://en.wikipedia.org/wiki/List_of_U.S._state_budgets#cite_note-26 and tried to reason about it.

My guess is that state differ in how they treat local taxes & services vs state provided ones, as well as some states that have large 'external' income streams such as oil/timber/resources/tourism/federal spend, like Alaska & Hawaii, but have relative low populations end up spending more pr. capita.

The ~$1500/pr capita spend for Maine vs New Hampshire could all be state tax revenues from lobster rolls at Red's + federally subsidized BIW salaries, for example.

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shopgirl56 t1_jbeobgm wrote

Safety & quality of life costs money. Maine is one of the safest states in the country and our states Medicaid is partly responsible. Mainecare is one of the most comprehensive medicaids in the country. Safety nets provide safety to society not simply the recipients. I recently sold land in Colebrook NH - 2 years ago i visited there for final time - the min wage was 7.50 an hour (has since risen) sidewalks & roads unplowed in winter 1/2 hour from Canada.They now have a stand your ground gun law. NH is considered the Arkansas of the north. Check out the crime rates of southern lower tax rate states vs Maine. Its not rocket science. And Maine gives plenty of tax breaks to huge corps - that should be addressed 1st to lower the overall tax burden instead of reducing services.

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bleahdeebleah t1_jbeo9ja wrote

When talking about taxes, it's important to look at all taxes and look at income levels too. My go to for information is Who Pays from ITEP.

So if you look at Maine, for example, you can see in the lowest 20% of income you'd pay 8.7% of family income. In, for example, NH at the lowest 20% you'll pay 9.1%.

On the other hand, if you are in the highest 20% in Maine you'll pay 8.6%. in NH it's 3%

Just for fun if you're in the lowest 20% in Florida you'll pay 12.7% (ouch). If you're in the top it's 2.3%.

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