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To: Sherman Logan

What does the number of wealthy people in Texas look like compared to, say, New York, or anywhere in New England (a lot of old money). If you have a lot of people that don’t have a job that enables them to retire well before retirement age, then they’re going to get more back under federal law. Whereas with families in New England, who have linage that goes back to Revolutionary times, have been growing their trust funds since those times.


69 posted on 07/07/2012 11:44:42 AM PDT by wastedyears ("God? I didn't know he was signed onto the system.")
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To: wastedyears

Well, Plano is allegedly the wealthiest city in America as declared by the CB in 2008. Does that answer your question?


103 posted on 07/07/2012 12:23:13 PM PDT by Melas (u)
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To: wastedyears
What does the number of wealthy people in Texas look like compared to, say, New York, or anywhere in New England (a lot of old money). If you have a lot of people that don’t have a job that enables them to retire well before retirement age, then they’re going to get more back under federal law. Whereas with families in New England, who have linage that goes back to Revolutionary times, have been growing their trust funds since those times.

Not sure what this is in reference to, but those old rich families in New York and New England are a miniscule part of the population. Even families whose ancestors were here at the time of the Revolution are a small part of the population. Plus, a lot of retirees move out of state to parts of the country where the weather is better and taxes are less, so what they get in social security and medicare goes there.

As regards Texas secession, the whole country is moving in more or less the same direction, some parts faster than others, each with a different mix of tendencies, but all going through similar changes. A generation down the road an independent Texas is going to find itself going through the same things that California or New York is going through now -- all the faster if confused and rebellious young people don't move out of state.

123 posted on 07/07/2012 12:57:20 PM PDT by x
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