No that couldn’t possibly be the reason why North Dakota was the only state to gain jobs.  Cutting taxes may, just may help create jobs.  I know who would have thought that cutting the taxes of those who create jobs would allow them keep more money so they could create more jobs.

Novel concept.

North Dakota Individual Income Tax, 2009

Single Person

Income Bracket Pre-Cut RatePost-Cut Rate
>$02.10%1.84%
>$33,9503.92%3.44%
>$82,2504.34%3.81%
>$171,5505.04%4.42%
>$372,9505.54%4.86%

Married Filing Jointly & Surviving Spouse

Income BracketPre-Cut RatePost-Cut Rate
>$02.10%1.84%
>$56,7503.92%3.44%
>$137,0504.34%3.81%
>$208,8505.04%4.42%
>$372,9505.54%4.86%

North Dakota Corporate Income Tax, 2009

BracketPost-Cut Rate
>$02.10%
>$25,0005.25%
>$50,0006.40%

It was a modest tax cut, but with this economy any tax cut helps.  Perhaps the beltway folks will figure this out, but I’m not going to hold my breath.

HT: California Conservative via All American Blogger

7 comments
  1. Lower taxes are cool, but the jobs have nothing to do with that.

    We have a ton of jobs up here because technological advances made a ton of oil in the western part of the state technically recoverable.

  2. Absolutely. North Dakota has very low population and a ton of natural resources to sell. What goes on in the rest of the country, conservative or liberal, has little to do with us 🙂

Comments are closed.

Get CT In Your Inbox!

Don't miss a single update.

You May Also Like

Ron Paul Holds Three Irreconcilable Views on Abortion

Texas StateU.S. (I knew that!) Representative and probable presidential candidate, Ron Paul…

The Tea Party And The Hollywood Fallacy

This article is a follow-up to my last post which dealt with…

The 2009 Caffeinated Conservative Nominees (Update: Voting Closed)

The Caffeinated Conservative Award was launched last year with Sarah Palin being…

Day 5 – Webathon to Retire Palin’s Legal Debt

$100,115 has been raised so far, again considering the $150 cap (and…