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Old 08-17-2022, 03:58 PM   #25
Jim in CT
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Join Date: Jul 2008
Posts: 20,441
Quote:
Originally Posted by PaulS View Post
The fed. government takes more from those states in taxes and gives back less on a per capital basis than it does from poor conservative states?

Interesting to see the states most dependent on fed aid:

https://commodity.com/blog/federal-aid-states/
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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