What are the states that are in real financial trouble right now? Which one's are getting close to bankruptcy?
While some states are still doing good in terms of financial situation, some states are struggling now. There are several factors why states are not performing equally when talking about the economy. These factors include state debt, pension responsibilities, and tax rates. In this episode, Chris Miles talks about the most bankrupt states in the US and the reasons why these states are on the list.
Learnings From This Episode:
Why California's Bankruptcy is Not a Big Deal Despite it's DebtReasons Why Illinois is the Worst State from SurveysOther States that Are Struggling and Their Problems FinanciallyStrongest and Most Physically Responsible States in Terms of Economy and FinancialRanking Basis of Most Struggling and Strongest StatesWorst States with Higher Tax RatesWhy People Believing that Socialism Will Work Are WrongWhat Made Flat Tax System a Good Idea
Reference On This Episode: https://www.barrons.com/articles/is-your-state-in-financial-trouble-heres-how-all-50-stack-up-51598878298
Chris Miles, the "Anti-Financial Advisor," is a leading authority on how to quickly free up and create cash flow for thousands of his clients, entrepreneurs, and others internationally! He’s an author, speaker, and radio host that has been featured in US News, CNN Money, Bankrate, Entrepreneur on Fire, and spoken to thousands getting them fast financial results.
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