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re: Why should the people and taxpayers of America be bailing out poorly run states?

Posted on 4/27/20 at 3:32 pm to
Posted by David_DJS
Member since Aug 2005
18158 posts
Posted on 4/27/20 at 3:32 pm to
quote:

It's also meaningless to ignore the collections side of things. Take into consideration relative Internal Revenue collections vs federal dollars going into welfare programs and NYS is not going to come out nearly as bad as you're hoping they will.


Even that isn't as straightforward as you might think. Think of all the companies headquartered in NYC that have no operations in the state. Should this be considered in gauging which states are donors/takers from the federal government?

Posted by Jorts R Us
Member since Aug 2013
14883 posts
Posted on 4/27/20 at 3:36 pm to
quote:


Even that isn't as straightforward as you might think. Think of all the companies headquartered in NYC that have no operations in the state. Should this be considered in gauging which states are donors/takers from the federal government?


Excluding business income taxes from the collections table doesn't really change the order, though.
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