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Posted on 4/1/14 at 1:43 pm
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 4/1/14 at 1:43 pm
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This post was edited on 10/30/14 at 1:56 pm
Posted by Choctaw
Pumpin' Sunshine
Member since Jul 2007
77774 posts
Posted on 4/1/14 at 1:46 pm to
this seems like it should be an I B Freeman thread
Posted by wickowick
Head of Island
Member since Dec 2006
45793 posts
Posted on 4/1/14 at 1:46 pm to
They take into account Louisiana's money provided to the government on oil?
Posted by LSURussian
Member since Feb 2005
126944 posts
Posted on 4/1/14 at 1:47 pm to
These types of comparisons are worthless. Just because more companies are headquartered in certain states those states will pay more federal corporate income taxes.

That's why Delaware leads the list.

Once again this proves there are three types of lies: 1) lies, 2) damn lies, and, 3) statistics.
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
78328 posts
Posted on 4/1/14 at 1:48 pm to
The Devil is In The Details on this topic. Every time this topic starts somebody jumps the shark and goes all in and gets embarrassed. Who will it be this time?
Posted by Y.A. Tittle
Member since Sep 2003
101268 posts
Posted on 4/1/14 at 1:49 pm to
quote:

These types of comparisons are worthless.


This is not exactly true. They're meaningful for what they tell me about the posters who post this stuff who think they're revealing some sort of great 'gotcha.'
Posted by CptBengal
BR Baby
Member since Dec 2007
71661 posts
Posted on 4/1/14 at 1:49 pm to
quote:

Methodology

After reviewing previously published literature on the issue of state dependency as well as the correlation between federal funding and state taxation, we concluded that the following three metrics would best elucidate each state’s true financial independence, or lack thereof, from the federal government.

Return on Taxes Paid to the Federal Government – Weight: 1
(Federal Funding in $ / Federal Income Taxes in $) This metric illustrates how many dollars in federal funding state taxpayers receive for every one dollar in federal income taxes they pay. We have excluded from the Federal Funding the Loans/Guarantees component because it does not represent permanent transfers from the Federal Government to a state.

Federal Funding as a Percentage of State Revenue – Weight: 1
(Federal Funding in $ / State Revenue in $) * 100 This metric shows how much of a state’s annual revenue, and theoretically its spending, is provided by the federal government. Without this money, revenue would have to be found elsewhere – perhaps via tax hikes – or else key state services would suffer.

Number of Federal Employees Per Capita – Weight: 0.5
(No. Federal Workers / No. State Residents) This metric speaks to the federal government’s role as a nationwide employer, indicating the percentage of a state’s workforce that owes its very livelihood to Washington.



Posted by TigerintheNO
New Orleans
Member since Jan 2004
41157 posts
Posted on 4/1/14 at 1:51 pm to
when the government in 17 trillion dollars in debt, in any state really receiving less then what they put in?
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 4/1/14 at 1:52 pm to
quote:

The Devil is In The Details on this topic. Every time this topic starts somebody jumps the shark and goes all in and gets embarrassed. Who will it be this time?


Not me. I'm not emotionally invested. The numbers are interesting. Id be embarrassed if cold statistics upset me, much less defined my views.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51465 posts
Posted on 4/1/14 at 1:52 pm to
quote:

Number of Federal Employees Per Capita – Weight: 0.5
(No. Federal Workers / No. State Residents) This metric speaks to the federal government’s role as a nationwide employer, indicating the percentage of a state’s workforce that owes its very livelihood to Washington.


Posted by deltaland
Member since Mar 2011
90484 posts
Posted on 4/1/14 at 1:53 pm to
They should let the red states secede then they could balance the budget
Posted by Socratics
Virginia Beach
Member since Dec 2013
2463 posts
Posted on 4/1/14 at 2:05 pm to
quote:

They should let the red states secede then they could balance the budget


Nearly the entire south except Texas and Arkansas receive more money from the federal government than they put in. Mississippi is like the poorest state in the nation. Texas would eject you so fast from the New confederacy to save its budget.
Posted by deltaland
Member since Mar 2011
90484 posts
Posted on 4/1/14 at 2:31 pm to
No we would just cut off all the welfare queens and bloated farm subsidies like we should
Posted by Layabout
Baton Rouge
Member since Jul 2011
11082 posts
Posted on 4/1/14 at 2:36 pm to
quote:

They should let the red states secede then they could balance the budget


Within ten years they'd all look like Somalia or Haiti.
This post was edited on 4/1/14 at 2:37 pm
Posted by SG_Geaux
1 Post
Member since Aug 2004
77929 posts
Posted on 4/1/14 at 2:36 pm to
All part of the reparations
Posted by CITWTT
baton rouge
Member since Sep 2005
31765 posts
Posted on 4/1/14 at 3:31 pm to
Is the royalty money from oil fields over three miles off-shore factored into that number? Because of a ESSC decision in '68 Louisiana gets paid on those waters every thing else goes to the feds. Guess who controls the fields where most of US oil comes from off-shore?
Posted by LSURussian
Member since Feb 2005
126944 posts
Posted on 4/1/14 at 3:37 pm to
quote:

They should let the red states secede then they could balance the budget


Within ten years they'd all look like Somalia or Haiti.
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 4/1/14 at 6:06 pm to
quote:

Is the royalty money from oil fields over three miles off-shore factored into that number?


I'm not sure, but that would only account for around $3 billion of it.
Posted by BlackHelicopterPilot
Top secret lab
Member since Feb 2004
52833 posts
Posted on 4/1/14 at 6:07 pm to
quote:

Once again this proves there are three types of lies: 1) lies, 2) damn lies, and, 3) statistics.


Statistics are like bikinis. What they reveal is interesting. What they hide is VITAL.
Posted by Geauxgurt
Member since Sep 2013
10443 posts
Posted on 4/1/14 at 6:10 pm to
Study is worthless unless they factor in the amount of money each corporation pays federal taxes and fees for each of their satellites in each state. Instead, it just takes where the corporate offices are and gives that money to the state the headquarters is at.

Exxon is a perfect example. Tons of money from Louisiana goes through them to the government, but Texas gets to claim it since the Exxon headquarters is in their state.
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