Blue States are dragging the economy down and adding

[Yssup Rider]

Agreed. It’s about putting statistics into context and perspective, which is not a common trait among Trumpists.

[Yssup Rider]

Originally Posted by Grace Preston

...... and Ohio. I live here.. its been red for a decade now.


Having said all of this, its also still a fact that there are only 8 states in the US that pay more INTO the federal system than they get back-- and those states with dollar amounts included are:


New York (23 Billion)

New Jersey (10 Billion)

Massachusetts (10 Billion)

California (6.5 Billion)

Connecticut (6 Billion)

Minnesota (2 Billion)-- this one surprised me, didn't think there were that many high income earners-- this is largely a tax revenue vs. welfare and benefits thing

Colorado (1.5 Billion)

Utah (500 Million)





So technically-- these are the states that are propping up the rest of the country in terms of keeping it running from a $$ perspective. Though-- not really.. because the top 8 takers take WAY more from the feds than the donor states above are pumping in.....



Who are the biggest takers? Here you go-- and the amounts that they fall short of breaking even at the fed level....



Virginia (112 Billion)

Kentucky (63 Billion)

Florida (51 Billion)

Maryland (50 Billion)

Ohio (42 Billion )-- Honestly-- surprised its not more, this state is perpetually depressed-- was the only state during Trump with negative job growth.

Pennsylvania (41.5 Billion)
North Carolina (35 Billion)

Alabama (33 Billion)


So-- while there is migration every year (lets be honest, there are some serious corporate tax reasons why a company would move to Texas or Florida) the fact remains that most of the donor states are fairly blue... and most of the takers are red. Both have a couple of outliers and borderline states... but.....

Excellent post. You blew the OP out of the water with that one.

[1blackman1]

Won’t matter. Trumpists and “conservatives “ don’t believe facts that don’t align with their world view.

[HedonistForever]

Give it a few more years and most of "tech" will have moved to Florida ( mostly ) and Texas. Let's see how long California and New York stay at the top of any list other than crime.

[Grace Preston]

Originally Posted by HedonistForever

Give it a few more years and most of "tech" will have moved to Florida ( mostly ) and Texas. Let's see how long California and New York stay at the top of any list other than crime.

Heh....


Texas has already had a tech boom (and bust). Dallas was a Mecca for tech in the late 90's and early early 2000's... right before outsourcing in tech became huge and gutted the market for a while.



The funny thing is-- the donor states ARE donor states because their residents pay more in federal taxes than they get back in welfare, services, transportation, etc. This is part of why NY, California, etc are on that list in the first place. What is odd is-- even with the ever increasing incomes in Texas... Texas is still a taker. Just barely, mind you-- to the tune of about 8 billion. But yeah-- I was surprised that Texas hasn't flipped over yet. They should soon, honestly.



The status of California as a donor state won't change. They still have a vast concentration of ultra-wealthy. Same can be said for New York.. the city itself will continue to prop that state up. Jersey is a bit of a head scratcher-- but I suppose there is a pretty decent amount of wealth there for such a relatively small (in size) state.



Honestly-- I can see tech moving to Nevada before Florida.... same tax benefits with a lower cost of living (and doing business). Not to mention-- considerably closer to where they are now. Florida will continue to be a haven for retirees and snowbirds.