States

[Jim in CT]

Originally Posted by Pete F.

Kentucky gets $45 BILLION more in federal funding than they pay in taxes.

New York pays $21 BILLION more in taxes than they get from the feds.

So effectively every year NY writes a $21B check to KY.

That 21 Billion could cut the NYS pension deficit considerably or completely depending on the return on the rest of their investments.

No, because there are more than two states in the country. And part of what NY pays for, are federal things like military bases in other states, which benefit everyone in NY. Not all of the excess goes into the pockets of people in other states, but some does.

There are, what, 325 million people in the country. Are you suggesting that each person pay the same, flat fee for federal provisions like the military and highways and food stamps and SS and Medicare? You don't think wealthy people should pay more for those things, than poor people? Wow, that's callous.

If CT got every cent of that back, they'd spent ten times that on the unions. Because our problem isn't a lack of tax revenue, our problem is the corrupt alliance between democrats and the unions.