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by KPGv2
2 days ago
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HHI is "household income" which fits perfectly with your observation that wealthy people go out of their way to praise Texas: because Texas is probably the best state to efficiently make money if you're rich. Property taxes are regressive tax, so they hit the poor more than the rich. Sales tax is the same way. And state income tax is literally forbidden by the Texas Constitution as of a couple years ago. So you just keep making craploads of money and all you have to do is pay the same federal income tax you'd be paying in any state. |
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