"What they'll say is, 'Well it costs too much money,' but you know what? It would cost, about.
It it would cost about the same as what we would spend. It. Over the course of 10 years it would cost what it would costs us.
All right. Okay. We're going to do it. It would cost us about the same as it would cost for about… hold on one second. I can't hear myself. But I'm glad you're fired up, though. I'm glad. "~Barack Obama
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Texas
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"Texas has a "low taxes, low services" reputation. According to the Tax Foundation, Texans' state and local tax burdens rank among the lowest in the nation, 7th lowest nationally; state and local taxes cost $3,580 per capita, or 8.4% of resident incomes.
Texas is one of seven states that lack a state income tax. Instead, the state collects revenue from a state property tax and sales tax, which is charged at the rate of 6.25%, but local taxing jurisdictions (cities, counties, special purpose districts, and transit authorities) may also impose sales and use tax up to 2% for a total maximum combined rate of 8.25%. Texas is a "tax donor state"; in 2005, for every dollar Texans paid to the federal government in federal income taxes, the state received approximately $0.94 in benefits.
In 2010, Site Selection Magazine ranked Texas as the most business-friendly state in the nation, in part because of the state's three-billion-dollar Texas Enterprise Fund. Texas has the joint-highest number of Fortune 500 company headquarters in the United States, along with California.
In 2010, there were 346,000 millionaires in Texas, constituting the second-largest population of millionaires in the nation. "source: Wikipedia
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