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by IAmBroom 236 days ago
> I would have to look it up, but I suspect that every state pays more to the Federal government than they get.

No state pays more to the Federal government than it gets. States don't pay federal taxes, but receive federal funds.

1 comments

I'm not talking about the government itself lol. I mean the people and businesses in each state collectively, obviously. Even with the huge national debt and budget deficit, I think most states on net contribute more in taxes than they get back. That's the entire point of taxes, otherwise it would be called a gift or something instead. The federal government could not pay out more than it takes in indefinitely to the entire country without just running the printing press to pay the difference. That is what they do, in fact, but clearly they aren't printing everything they spend.