That goes to show you that if 47% of state residents wouldn't pay a state income tax then how in the world can these same people afford to pay half their dividend to the state!  What is wrong with you pro-pfd sucking people!  Go to an income tax and adjust the pfd to that same income-based formula. How hard can that be?  I would probably get a lower dividend myself but at least it wouldn't send more people to the poor house and probably result in more people reliant on government welfare.