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Californians alone pay more federal taxes than the 25 lowest-paying states combined
originally posted by: Middleoftheroad
a reply to: luthier
Californians alone pay more federal taxes than the 25 lowest-paying states combined
Lol, yea they also have the largest population to pay taxes, followed by New York and Texas, etc.
If ten people throw in $10/each and a separate group of 5 throws in $10/each, which group gathered the most money?
originally posted by: luthier
Ok find me one of those low tax areas or Republican states that doesn't need federal money to pay their budgets.
originally posted by: AugustusMasonicus
originally posted by: luthier
Ok find me one of those low tax areas or Republican states that doesn't need federal money to pay their budgets.
Nebraska, Kansas, Wyoming, Utah and Oklahoma are all net contributors to the Federal budget and have voted Republican consistently for President.
originally posted by: luthier
This is true. They also rely on natural resources to do so.
originally posted by: luthier
Again my point was its probably more rare to have a low tax state pay their bills and that taxes dont indicate fiscal responsibility because of this.
originally posted by: luthier
My point was it is often the case low tax areas are also taking from the federal budget and to me that seems even more amoral than raising taxes for waste. At the very least just as amoral.
The data seems to indicate places with let's just say not very low taxes pay more in and take less. Not all of them.
Some Republican states act very entitled some liberal states have to balance the budget and vice versa.
originally posted by: luthier
originally posted by: JAGStorm
originally posted by: Middleoftheroad
Not only do the people flee the high tax areas, but the businesses that provide the jobs to pay those taxes leave as well. It's to bad the Democrats still don't realize this. Obama thought a magic wand was necessary to bring jobs back, but Trump showed him all it took was common sense.
Yes you are absolutely correct. Not necessarily this article, but that site (Illinois policy) in general talks about it a lot. There are many stories about business owners leaving the state. It is actually pretty sad. Some have been there for generations and are now finally throwing in the towel.
This is not correct. Businesses are not leaving California in fact its growth outpaces the US. NYC?
And how about the low tax areas requiring my federal tax dollars support their budget shortfalls?
PS I am all for the lowest taxes possible. I am not however for lowering taxes without balancing the budget out. If you do the research you will find low tax conservative states need more federal assistance for budget shortfalls and states like California provide a surplus of federal taxes.
So basically sanfran is paying for mobile to have low taxes because they cant balance their budget with the revenue they collect.
The problem is compounded by the fact Chicago households can’t afford the amount of pension debt that’s been racked up by state and local politicians. Spread out the $145 billion in overlapping government pension and retiree health care debt – from the city, the Chicago Public Schools, Cook County governments and the state – and each Chicago household is, on average, on the hook for more than $139,000 each. It’s an insane amount and it’s tabulated in the following graphic. (Retirement debt calculations are shown based on both official and Moody’s-based estimates.)
originally posted by: Edumakated
originally posted by: luthier
originally posted by: JAGStorm
originally posted by: Middleoftheroad
Not only do the people flee the high tax areas, but the businesses that provide the jobs to pay those taxes leave as well. It's to bad the Democrats still don't realize this. Obama thought a magic wand was necessary to bring jobs back, but Trump showed him all it took was common sense.
Yes you are absolutely correct. Not necessarily this article, but that site (Illinois policy) in general talks about it a lot. There are many stories about business owners leaving the state. It is actually pretty sad. Some have been there for generations and are now finally throwing in the towel.
This is not correct. Businesses are not leaving California in fact its growth outpaces the US. NYC?
And how about the low tax areas requiring my federal tax dollars support their budget shortfalls?
PS I am all for the lowest taxes possible. I am not however for lowering taxes without balancing the budget out. If you do the research you will find low tax conservative states need more federal assistance for budget shortfalls and states like California provide a surplus of federal taxes.
So basically sanfran is paying for mobile to have low taxes because they cant balance their budget with the revenue they collect.
People are fleeing CA left and right. Particularly, the middle classes. The CA population is being split between the wealthy and poor. The tech industry in the bay area is doing well, but even now people are starting to leave because it is too expensive and those companies are having a hard time finding younger workers. Every tech company has major hubs in much lower cost of living cities.
The only reason they stay in the bay area is because that is where all the major venture capital firms are located. They need to be close to the early stage investors.
There is no possible way CA is a "net contributor" unless you are excluding the costs associated with all the illegals.
originally posted by: luthier
originally posted by: Edumakated
originally posted by: luthier
originally posted by: JAGStorm
originally posted by: Middleoftheroad
Not only do the people flee the high tax areas, but the businesses that provide the jobs to pay those taxes leave as well. It's to bad the Democrats still don't realize this. Obama thought a magic wand was necessary to bring jobs back, but Trump showed him all it took was common sense.
Yes you are absolutely correct. Not necessarily this article, but that site (Illinois policy) in general talks about it a lot. There are many stories about business owners leaving the state. It is actually pretty sad. Some have been there for generations and are now finally throwing in the towel.
This is not correct. Businesses are not leaving California in fact its growth outpaces the US. NYC?
And how about the low tax areas requiring my federal tax dollars support their budget shortfalls?
PS I am all for the lowest taxes possible. I am not however for lowering taxes without balancing the budget out. If you do the research you will find low tax conservative states need more federal assistance for budget shortfalls and states like California provide a surplus of federal taxes.
So basically sanfran is paying for mobile to have low taxes because they cant balance their budget with the revenue they collect.
People are fleeing CA left and right. Particularly, the middle classes. The CA population is being split between the wealthy and poor. The tech industry in the bay area is doing well, but even now people are starting to leave because it is too expensive and those companies are having a hard time finding younger workers. Every tech company has major hubs in much lower cost of living cities.
The only reason they stay in the bay area is because that is where all the major venture capital firms are located. They need to be close to the early stage investors.
There is no possible way CA is a "net contributor" unless you are excluding the costs associated with all the illegals.
Well maybe you should check the numbers. California is one of the world's largest economies and in fact nearly doubles the GDP input of any state.
originally posted by: Edumakated
originally posted by: luthier
originally posted by: Edumakated
originally posted by: luthier
originally posted by: JAGStorm
originally posted by: Middleoftheroad
Not only do the people flee the high tax areas, but the businesses that provide the jobs to pay those taxes leave as well. It's to bad the Democrats still don't realize this. Obama thought a magic wand was necessary to bring jobs back, but Trump showed him all it took was common sense.
Yes you are absolutely correct. Not necessarily this article, but that site (Illinois policy) in general talks about it a lot. There are many stories about business owners leaving the state. It is actually pretty sad. Some have been there for generations and are now finally throwing in the towel.
This is not correct. Businesses are not leaving California in fact its growth outpaces the US. NYC?
And how about the low tax areas requiring my federal tax dollars support their budget shortfalls?
PS I am all for the lowest taxes possible. I am not however for lowering taxes without balancing the budget out. If you do the research you will find low tax conservative states need more federal assistance for budget shortfalls and states like California provide a surplus of federal taxes.
So basically sanfran is paying for mobile to have low taxes because they cant balance their budget with the revenue they collect.
People are fleeing CA left and right. Particularly, the middle classes. The CA population is being split between the wealthy and poor. The tech industry in the bay area is doing well, but even now people are starting to leave because it is too expensive and those companies are having a hard time finding younger workers. Every tech company has major hubs in much lower cost of living cities.
The only reason they stay in the bay area is because that is where all the major venture capital firms are located. They need to be close to the early stage investors.
There is no possible way CA is a "net contributor" unless you are excluding the costs associated with all the illegals.
Well maybe you should check the numbers. California is one of the world's largest economies and in fact nearly doubles the GDP input of any state.
None of that means the state is run in a fiscally sound manner. Being large doesn't mean jack if your expenses are even larger.
If you care to look, there is plenty of data on how people are fleeing the state for the reasons mentioned. Yes, there are people who are willing to live there, but to act like CA is all sunshine and rainbows is a denial of reality.