PCXV
Well-Known Member
Why not just use some real numbers?Don't worry about reading any farther.
TL; DR is your savior here.
No, you need to check the assumptions for your math.
$103B IS NOT 26% of the general revenue.
$103B is the total amount of total welfare spending in California for 2015!
View attachment 4058943
<source: https://ballotpedia.org/California_state_budget_and_finances >
I used math to figure meaning that I took 26% of $103B in total state welfare spending to figure that $26.78B of California 2015 welfare spending came from federal taxes.
You took to arrive at a figure of ($103B/.74=$396.153B) .
Using your math with $103B being 26% of general revenue and adding the $396.153B derived from your calculations total general revenue per year for Cali is $499.153B or 1/2 trillion dollars per year.
For fun let's see what 26% of $500B is:
$500B*.26=$130B
.....so a mere $10+B more than double the figure from the table above.
I don't refute that California is a highly taxed state.
I just point out the amount of state welfare that is accrued via general fund subsidy from the federal taxes aka "drain".
The money it collects from it's own citizens is a drain on nothing but those state citizens via taxation and since Squeaky's false assertion that red states are the "biggest net drain", what is that "drain" from if not federal taxes?
If I offer to give you 90% of $10 or 1% of $1000, which do you think is more appealing?
View attachment 4058944
<source: https://ballotpedia.org/New_York_state_budget_and_finances >
Ahem, 40.1% is LA NOT MS. It even says so in your posted infographic.
View attachment 4058946
<source: https://ballotpedia.org/Mississippi_state_budget_and_finances >
Do you now see how your math is flawed?
http://www.politifact.com/california/article/2017/feb/14/does-california-give-more-it-gets-dc/
You ever think that maybe redistributing money to the bottom is good for the overall economy? People need a basic amount of sustenance/services to continue to be productive. When they produce they dually enrich the top of the economy by a) creating a demand for profitable products and b) selling their production/labor as a value within COGS. That doesn't explain Californias economy, but the people of California know what they are getting for that money. People don't want to live in third world countries.
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