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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (504500)	8/13/2009 12:50:19 PM
From: tejek	Respond to of 1575489

"We have a 7% state income tax. Talk to CJ and RW -- they're the guys who aren't paying state income taxes." And yet both Texas and Florida get less federal spending than is paid in taxes. Exactly.

To: combjelly who wrote (504500)	8/13/2009 1:18:49 PM
From: i-node	1 Recommendation Read Replies (1) \| Respond to of 1575489

And yet both Texas and Florida get less federal spending than is paid in taxes. I can't comment on FL, but in TX property taxes and sales taxes have long been considered revenue sources in lieu of state income taxes. But as I've previously pointed out, some states are going to be net recipients of federal funds, while others will be net contributors. TX and FL (and CA and NY) ARE wealthier states -- for a number of reasons -- if nothing else, simply economy of scale. I'm not sure what the point of this argument is. The meaning of it really depends on what interests someone. For example, AR pays a higher per capita federal tax burden than FL or CA. Sure we get more back, but why should we be paying more to begin with? There is a lot that goes into this. One could argue, for example, that Texas OUGHT to pay more because Texas, with so much more area, ought to have the burden of a bigger allocation of national defense costs. But we don't do that. It really just depends on what you're interested in, and you guys are selectively picking figures that bolster your argument while ignoring those that don't. Which is the way YOU, IN PARTICULAR, tend to operate.