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To: vetvetdoug
How would secession affect those of us on social security? Medicare?

The newly formed federal government would have its own version of medicare and SS. The taxes to pay for it would come from the taxes that were previously paid to the US treasury.

8 posted on 01/13/2021 7:40:41 PM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: central_va

Exactly. Texas is also one of those smart states that has never had a personal income tax. For Freedom, Texans would gladly switch to paying Texas income taxes that stays 100% in Texas.

Federal money isn’t freebies. States are either net contributors, break even, or net beneficiaries. The federal govt just collects it all, then corrupt politicians, govt workers and lobbyists skim off their percentages, then they redistribute it. I believe Texas is break even on federal contributions sent versus federal money received, so Texas can do without the federal govt.

I’m sorry. The proper millenial terminology is “net payer or net taker” so that AOC and her ilk can understand. Map at link for 2016 showing Texas is the most break even state but is a net payer, eg Texas pays more dollars to the federal govt than Texas receives back from the federal govt. New Mexico is the biggest net taker, getting back $2.57 for every $1.00 paid into the federal govt.

https://www.moneytips.com/is-your-state-a-net-payer-or-a-net-taker/356

Texas is a Go. Ted Cruz for President.


38 posted on 01/13/2021 8:13:08 PM PST by guthunde47
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