Quote:
Originally Posted by Jim in CT
Paul, can you tell me how much more the feds spend per capita in NH, compared to CT?
Because a couple making 150K a year in CT, will pay approximately $8,000 a year to the state in income tax, and if they spend $60k a year on taxable things that's another $3600 a year in sales tax, for a total of $11,600 to the state, which they wouldn't have to pay in NH. You telling me that discrepancies in federal spending per capita, are that large between CT and NH? If the difference isn't that large, then the federal spending gap doesn't explain the difference in debt.
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Look it up yourself. Use the google.
Over 1/3 of Kent. GDP is fed spending.
You're ignoring the higher sal. in blue states.
Fed. spending has a mulitplier effect. New sikorsky helicopters means more people working, more taxes, those people go to lunch so more deli workers, more taxes, that extra deli worker pays taxes and buy products, more taxes, those people drive to work so more gas taxes.
We're talking about dif. things (although someone related). You can't just look at 1 aspect and say it's this or it's that based on only 1 thing.