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Old 09-10-2012, 10:22 AM   #17
zimmy
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Join Date: Oct 2003
Location: Bethany CT
Posts: 2,883
There is no validity in the point that red states are better off financially than the blue states without mention of the differences in taxes. It may not be responsible for CT's debt, but it effects budgets at the local and state level. You don't need me to give you data, it is simple arithmetic. Property taxes, state income taxes, business taxes are all lower in those red states than they would be if those federal outlays were different. See what BIll Crist thinks about how the Romney/Ryan plan will affect the states. You argue constantly about how tax policies affect competitiveness, but now say that it is irrelevant in comparing states who gain money from tax policies to those who lose money from the same policies? Really? The lowest debt per gdp is wyoming. From the 2007 numbers, they paid 4.7 billion in fed taxes and received 5.2 billion, positive $0.5 billion. Ct paid $54 billion and got back 37 billion for A LOSS of $17 billion. You really think that gaining 1/2 a billion for state coffers per year versus losing $17 billion from state coffers per year doesn't effect debt, tax rates, etc?

No, no, no. we’re 30… 30, three zero.
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