This is a great state to live in that cares about its citizens, people with disabilities and children. We also have great schools but we do have a large achievement gap. Another thing that bothers me are some of the inequities across counties. We also have a lack of affordable housing like everyone else does.
With respect to MNLARS you can read the report rather than speculate: https://dps.mn.gov/divisions/dvs/forms-documents/Documents/i...
Get real. I lived in MN most of my life and finally moved last year. I now reside in TX and keep much more of what I make. If you don't smell something fishy with this project and the way MN is managing tax revenue, they've got you fooled.
The politicians will hide behind very noble reasons to request more money from taxpayers. Perhaps there are some true believers, but they are only concerned with empire building, giving high-paying/do nothing jobs to cronies, and maximizing the amount of money flowing through their coffers.
People at all levels of government have few if any incentives to be results-oriented and efficient but are heavily incentivized to request more money, employees, etc. The unfortunate thing is that the people of MN have been easily manipulated via guilt, social justice, etc. into paying well more than their fair share. Maybe guilt is a cultural defect somewhat specific to MN, but it seems that the politicians have been quite good at exploiting it for gain.
> This is a great state to live in...
It _used_ to be a great state to live in. Below average wages, above average taxes. Keep buying into Minnesota exceptionalism and telling yourself that your quality of life is somehow better than other places in the US. It ain't.
Minnesota manages to keep the lights and heat on in the winter, how’s TX in that regard? You still pay taxes in Texas, just in different ways.
Large complex procurement fails or needs change orders frequently because they are large and complex. Buyers don’t understand what they want and sellers understand what they are told. More bidders often drive prices up.
Commodities are different. It’s driven by volume and competitive process. If 30 salt miners bid, you’re getting a good price. If 2 bid, your only path to better pricing is to go vertical to control demand. State governments are able to do that for this type of commodity. Supermarkets do the same thing with produce, although that was illegal until recently.
Unless you have unusually high W-2 income, expensive or large property, etc most of the differences between states are pretty marginal when you net everything out.
Many of the "low tax" states have a catch, whether it be sales tax on food, school funding, high property taxes, local governance that encourages HOA, etc. At the end of the day, it doesn't really matter too much. People complaining about taxes is background radiation.
Tax policy can also make a huge difference for whether rebalancing a portfolio is even viable.
Check out the MNLARS project, if you’re interested in another excellent example. Pay attention to the insane dollar amounts involved and feel free to make up your own mind if the people in charge of that project were really that dumb or if there is something more sinister going on.