Forbes: Where Americans Are Getting Richer.
You betcha… No. 6.
They have a companion piece: 10 Highest State Income Tax Rates For 2011. Might be worth noting that Pennsylvania is not on that list, nor anywhere near close. Look at those state income tax rates and compare them to Pennsylvania’s. A lot of those states will also have sales taxes far above Pennsylvania’s in addition to that.. and most without the exemptions we do for things like food and clothing. The clothing exemption has a minor news point today in this in the Trib: Canadians to cash in on Black Friday in W.Pa. Worth a read for all those who think Pennsylvania is taxsylvania or something like that. Busloads of people coming here because our taxes are much lower. Maybe all those shopping tourists will stop in Pittsburgh along the way and make up for all the Marcellus Shale businesses that are boycotting us?
Now got back to spending some of that increased income.