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To: Carry_Okie
Taxes vs. receipts by state - 2005

Since 1981

58 posted on 10/06/2012 10:21:12 PM PDT by MARTIAL MONK (I'm waiting for the POP!)
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To: MARTIAL MONK
Thanks. I've dug up similar data before. The last time I looked for that data it was $0.74 on the dollar, but it depends upon the interval. What is most important is to realize that for most States, Federal spending wildly exceeds tax receipts, because FedGov operates at a deficit. To be at or near 1:1 is unusual, and hardly a parasite on the rest of the States. So the case for California being a disproportionate source of revenue and not a sink, is understated in terms of "fairness" among the States.

The biggie is to get people understanding the principal reasons for California's positive balance of Federal payments v. tax receipts, having to do with high costs of living driving away retirees and more people earning high incomes paying higher marginal rates. If they whine for more after that, it's gamesmanship I'm not going to coddle any more.

59 posted on 10/07/2012 12:31:22 AM PDT by Carry_Okie (GunWalker: Arming "a civilian national security force that's just as powerful, just as well funded")
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