Per capita federal taxes and spending — California vs. Texas
High-tax state defenders have pretty much run out of ammunition. Clearly the lower tax states are doing better in job creation, business generating, business retention, cost-of-living, prosperity and net immigration standpoint. The one “fact” the lefties still love to post in desperation is the assertion that the high tax tax states subsidize the low tax states through the federal collection and distribution system. There’s a grain of truth in the assertion, but a ton of manure is added to give the factor its desired decaying aroma.
It’s time we took a closer look at this basic tenet of our progressive friends — using the two most compared states — Texas and California. This rebuttal may get a little wonky at times, but for the serious defender of the taxpayers, this is crucial stuff. Once you grasp the basic facts, you can just post the URL to this article. Rest assured that your opponents will not read it — let alone understand it.
Since most of you won’t read this semi-academic treatise, here’s my bottom line conclusion — destroying this bogus claim. EXCERPT:… Read More