schroeder wrote: Places like CT, NY, NJ CA, MA have much higher taxes
Define "much higher." MA tax rate is 5.8%. TN is 6%. There are 3 other southern states with max rates higher than 5.8%. Our property taxes are high but we care about education.
2 house - one in CT one in Alabama - both are valued relatively similar.
CT house is 1/4 the square footage as Alabama. both in very nice neighborhoods.
Tax on CT house is 8k, tax in AL is 2k.
That is much higher in my opinion. more congestion on the roads
I ride on roads that are nearly empty and the traffic that exists is polite. Is traffic polite towards cyclists in the bottom 10 states?
I agree things are more expensive in the states you listed but as you said, incomes are higher. If you look at average weekly work hours by state, there isn't much difference nation-wide.
Take hours worked plus commute and it add up. Side streets where you ride - ok.I was not referring to that.
Highways - much different story
When I was working in Little Rock - they had Rush minute any day of the week. Thursday or Friday from NYC to CT will take hours.
a lot more regulations
Are the states you listed not successful because of regulations and do they have high unemployment rates? I'm pretty sure all of the states you listed have unemployment rates lower than all of the bottom-10 states listed in the article. Which regulations don't you like?
Try to buy a gun with an 11 round magazine in CT and do the same in Alabama (replace CT for NY, NY, MA - replace Al for most of the other) - report back your luck Coming from CNBC - not a surprise
If you are going to slam the source, you should explain what you don't like about the methodology.
CNBC does not always report the whole truth and you can pick any stats you want to make something look good or bad.