Originally posted by: Stunt
Ok, you guys are going to think I am nerdy as hell but this is a tech forum...so I don't care.
Using the tax rate from each state
see tax foundation numbers...
Complete a regression analysis and the fit of this correlation is poor. R square value of 0.18 which is a very poor fit, meaning it's not proportional or related.
However, I did the same analysis with average income and IQ and it produced an R square value of 0.39 which makes much more sense.
It's more likely that income is driven by education and/or intelligence, not by the level of taxation.