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Mickey R. Anderson, CPA

The best and worst U.S. states for taxpayers

Source: The best and worst U.S. states for taxpayers

Texas ranks as the 41st highest taxed state to live in according to this article.  Maybe we shouldn’t further raise our sales tax, as the current administration wishes to do.  Sales taxes are most severe on lower to mid-income households since they are taxed on nearly 100% of their disposable income vs. only a small percentage of disposable income for the wealthy.  Most businesses are minimally affected by sales taxes, as well.  Thus, this burden rests on lower to mid-income taxpayers.

Contact your representatives to prevent this further inequality.

Genius

If genius is knowing most everything there is to know about most everything there is to know about, as well as a whole lot about everything else, then my kids certainly believe they are genius.