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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 3:36 pm to David_DJS
Posted on 4/27/20 at 3:36 pm to David_DJS
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.
1
Posted on 4/27/20 at 3:59 pm to Jorts R Us
quote:
Excluding business income taxes from the collections table doesn't really change the order, though.
Why just business income taxes?
You live in California and own some producing wells in Wyoming, make $10 million per year from this operation and pay $2.5 million to the federal government in income taxes. Why doesn't Wyoming get credit for any of the taxes sent to Washington for oil that is produced in its state?
This post was edited on 4/27/20 at 4:00 pm
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