“The federal government is hell-bent on using New York as a piggy bank “
***************
Dems again accusing conservatives and Republicans of doing what they are up to their earlobes in. The rest of us in states that don’t have a state income tax have been subsidizing these states infrastructure and welfare program for a long time.
Consider that a budget is based on income, and set at a specific amount determined by how much a tax will generate.
While the states that have a state income tax were able to pass the deduction of state income taxes from an individual’s federal income tax, it shorted the federal budget, and the remainder of the population had their income taxes increased to make up for the revenue that did not come into the Federal coffers.
We have been subsidizing the infrastructure and welfare in those taxing states for a long time. It’s wonderful that it’s over.
MAGA
“The federal government is hell-bent on using New York as a piggy bank “
Why not? The majority of voters are such chumps they keep electing filthy democrats. Never give a sucker an even break.
Russia is on a flat tax, 15% for EVERYBODY. No exemptions. Worked out just fine for them. Is there a lesson here?