Do You Live in a “Death Spiral” State?

townhallIllinois is getting what it deserves. Low-information voters give Democrats ever more power here and the fiscal and cultural condition of the state continually deteriorates. Then there is the Illinois Republican Party which does nothing to reduce the number of low-information voters because they seemingly have no solutions to offer. If they do, it’s abundantly clear they have no clue how to communicate them. What’s worse, they don’t seem to know what they don’t know.

From Daniel Mitchel at Townhall.com:

[Somebody at Forbes magazine] came up with a list of “death spiral” states.

Eleven states make our list of danger spots for investors. They can look forward to a rising tax burden, deteriorating state finances and an exodus of employers. The list includes California, New York, Illinois and Ohio, along with some smaller states like New Mexico and Hawaii. …Two factors determine whether a state makes this elite list of fiscal hellholes. The first is whether it has more takers than makers.

[…]

Click here to see a very depressing chart about the nationwide increase in dependency.

So what lessons can we learn? Well, if you look at this map, you’ll notice that none of the states without an income tax are death-spiral states.

And if you look at this map, you’ll see that there’s no overlap between death-spiral states and states with the lowest tax burdens.

Read the article…