[Bigun]

But wouldn’t that be predicated on the States actually abolishing the income tax, and not just keeping it as is?

Yes it would but you must realize the expense that would now be involved for individual states to maintain their income tax systems without being able to rely on the federal system for the necessary data.

[Bigh4u2]

“Yes it would but you must realize the expense that would now be involved for individual states to maintain their income tax systems without being able to rely on the federal system for the necessary data.”

Would this also eliminate states ‘borrowing’ from the Federal government to increase their budgets?

If it did, then I would be all for it because, according to what has been explained, they would have a ‘set’ amount that they would receive and would have to live within their budget amounts.