Wednesday, December 8, 2010

Mitch McConnell's Kentucky: one of the poorest states in the US despite low taxes

Despite years of conservative economic policies Mitch McConnell's Kentucky remains one of the poorest states in the country. According to the US Census Bureau 17.3% of Kentuckians live beneath the official US poverty level.

The pressures of poverty and unemployment can lead to tragedies like the September 2010 killing spree that lead to the deaths of six people in a Jackson, Kentucky trailer park.

With a median household income of around $41,000 per year (US Census Bureau), nearly $10,000 below the national figure, Kentucky ranks 47th among the 50 states in that statistical category.

Interestingly enough, the state boasts of taxes that are lower than the national average according to thus proving low taxes are no magic formula for prosperity.

Read about how Owlsely Country Kentucky became the poorest county in America and is getting poorer according to the latest US Census.

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