OT: Northeast US Losing Population, Growth In Sun Belt, West, South
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02-09-2013, 08:49 PM
Join Date: Apr 2012
Location: Portland. So there.
Low tax states attract growth of mature and dying industries. Idaho isn't exactly thriving right now because the people who are offering jobs there are there for the cheap labor... which, for instance, Micron imports from Eastern Europe and other outliers.
People who invest in education and an environment that actually fosters innovation are the good long term bets for growth. Portland has the chance to be there, though it's not quite the hot spots that Silicon Valley continues to be and Seattle advances.
Taxes may or may not be bad from place to place, but many people are trying to figure out how to make gasoline less of an expense. Taxes aren't everything, and most businesses don't actually have the same expense portfolio that those who move exhibit.
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