I recently caught a program on TV about how Austin, Texas, is dealing with considerable growth. This raised my curiosity about how St. Paul and Austin compared since 1940.
In 1940 St. Paul had a population of 287,736. In 2010 St. Paul’s population was 285,000, a decrease of 2,000. That includes an influx of 20,000 Asians after the Vietnam War.
Austin’s population in 1940 was 87,930. In 2010 its population was 790,390, an approximate nine fold increase.
The next question is why did one city drop by 2,000 while the other increased nine fold? Could it be that one is high tax, anti-business while the other is low tax and pro-business?
How about one has been under liberal control for years while the other has been managed conservatively for years?
Some may remember when the CEO of 3M told then governor Rudy Perpich that if the state didn’t improve its corporate tax rates they would expand elsewhere. The state didn’t. 3M did. Where did they go? Austin, Texas.
Gov. Dayton’s new sales tax plan will reduce our sales tax to 5 1/2 percent and increase the business to business tax along with additional retail service taxes such as haircuts and others. This will raise an additional $2 billion but to paraphrase Gov. Dayton, “it won’t increase what we actually pay in state taxes.”
The state will take in $2 billion more but no one will actually pay more? After that statement how in the world can you believe anything he says?
If you would like to see what the Twin Cities will look like in 20 or 30 years (maybe less) just take a drive through Detroit, another city under liberal management.