Wesley S. Scott, MBA, MIS, ABOM, NCLE-AC, LDO - SC & GA
“As our circle of knowledge expands, so does the circumference of darkness surrounding it.” -Albert Einstein
As of midnight the Texas petition already has over 14,000 e-signatures.
Wesley S. Scott, MBA, MIS, ABOM, NCLE-AC, LDO - SC & GA
“As our circle of knowledge expands, so does the circumference of darkness surrounding it.” -Albert Einstein
I hope they get it done, then they will leave the rest of us good people alone.
Texas;
1. No state income tax.
2. 11th largest economy in the world, equal to Canada or India.
3. 50% of all job creation in the U.S. during the last 4 years.
4. Supplies 1/4th of all natural gas consumed in the U.S.
5. Has 1/4th of all known oil reserves in th U.S.
6. Leads nation in wind energy production
7. One of the lowest state and local taxes at 8.4%.
8. Leads nation in livestock and cotton production.
9. Highest Fortune 500 headquarters.
10. The U.S. needs Texas more than Texas needs the U.S.
Only problem: a request to leave "the Union" must come from the legislature of the state in question. Citizen petitions are meaningless.
So the exodus of the producers begins. My hope is that my Republican governor and state legislature will be proactive in implementing statutes that will, as much as possible, insulate Florida from the regulatory and confiscatory landslide that is about to be wrought on this nation. Even before the election there were secession rumblings in the state of Texas.
Clinton Tower
The intellect to live free is in short supply
ALT248=°
Deleted.
Last edited by Judy Canty; 10-03-2015 at 01:08 PM.
I'm really going to miss the birthers.
Science is a way of trying not to fool yourself. - Richard P. Feynman
Experience is the hardest teacher. She gives the test before the lesson.
Oops. I'm afraid that Florida (like a number of red states) is a net moocher of federal funds. http://www.economist.com/blogs/daily...s-fiscal-union.
The only way the US manages to carry such staggering debt is because we have the world's largest military and we currently issue the world's reserve currency. It's completely unsustainable for us, and would be more so for a much smaller country with a proportionally similar debt load. Say hypothetically, Texas seceded and carried it's share of the national debt, it would be crushed immediately.
Wesley S. Scott, MBA, MIS, ABOM, NCLE-AC, LDO - SC & GA
“As our circle of knowledge expands, so does the circumference of darkness surrounding it.” -Albert Einstein
Several more states have petitioned for secession.
Wesley S. Scott, MBA, MIS, ABOM, NCLE-AC, LDO - SC & GA
“As our circle of knowledge expands, so does the circumference of darkness surrounding it.” -Albert Einstein
I guess it depends on which website you look at. These are the states that get the most federal money according to FOX.
10) North Dakota
> Amt. per capita net of income taxes: $10,438
> Population: 672,591
> Pct. of U.S. population: 0.22%
> Amt. per capita: $12,930
> Pct. of U.S. funds per person: 0.27%
9) Connecticut
> Amt. per capita net of income taxes: $10,506
> Population: 3,574,097
> Pct. of U.S. population: 1.16%
> Amt. per capita: $15,662
> Pct. of U.S. funds per person: 1.73%
8) West Virginia
> Amt. per capita net of income taxes: $10,568
> Population: 1,852,994
> Pct. of U.S. population: 0.6%
> Amt. per capita: $11,609
> Pct. of U.S. funds per person: 0.67%
7) Alabama
> Amt. per capita net of income taxes: $10,656
> Population: 4,779,736
> Pct. of U.S. population: 1.55%
> Amt. per capita: $11,820
> Pct. of U.S. funds per person: 1.75%
6) Kentucky
> Amt. per capita net of income taxes: $12,129
> Population: 4,339,367
> Pct. of U.S. population: 1.41%
> Amt. per capita: $13,198
> Pct. of U.S. funds per person: 1.77%
5) New Mexico
> Amt. per capita net of income taxes: $12,399
> Population: 2,059,179
> Pct. of U.S. population: 0.67%
> Amt. per capita: $13,578
> Pct. of U.S. funds per person: 0.87%
4) Hawaii
> Amt. per capita net of income taxes: $13,709
> Population: 1,360,301
> Pct. of U.S. population: 0.44%
> Amt. per capita: $15,331
> Pct. of U.S. funds per person: 0.65%
3) Maryland
> Amt. per capita net of income taxes: $13,723
> Population: 5,773,552
> Pct. of U.S. population: 1.87%
> Amt. per capita: $16,673
> Pct. of U.S. funds per person: 2.98%
2) Virginia
> Amt. per capita net of income taxes: $14,201
> Population: 8,001,024
> Pct. of U.S. population: 2.59%
> Amt. per capita: $17,008
> Pct. of U.S. funds per person: 4.21%
1) Alaska
> Amt. per capita net of income taxes: $15,197
> Population: 710,231
> Pct. of U.S. population: 0.23%
> Amt. per capita: $17,762
> Pct. of U.S. funds per person: .39%
http://www.foxbusiness.com/governmen...federal-money/
Optical24/7: no, the facts don't depend on who is reporting them. You're looking at an answer to a different question. The Economist article was about the difference between federal taxes paid and federal funds received. The Fox report was only about the latter.
It's FOX. Not a bastion of factual anything...
I thought this was exactly what we were talking about. The 1st sentence from the website you quote;
"SOME American states receive more in federal spending than they pay in federal taxes; others receive less."
Using Alaska from the FOX source shows "Amt. per capita net of income taxes: $15,197" (paid) " Amt. per capita: $17,762 received (fed funds)"
Were we talking about something else?
Sorry, I read it too quickly. Here's the original story, which is slightly easier to read: http://247wallst.com/2012/08/03/stat...federal-money/. For some reason, Fox changed the labels on some of the numbers, and left some out as well.
I suspect that the discrepancy is due the the 24/7wallst (relation?) story considering only income taxes, but I'm not certain. Connecticut, for example, usually shows up in these reports as a net donor.
so first we had the break up of the Soviet Union...now we begin to unravel? Reagan is turning over in his grave.
I was referring to the discrepancy between the 24/7wallst story and The Economist.
It really would be interesting to have a state secede.
How much money would be taken from the economy if all defense and education spending alone was removed?
Who would be there after a natural disaster?
How easy is it to create your own new currency?
Any other thoughts out there?
Maybe we could time it so Puerto Rico would become a new state and we wouldn't have to redesign the flag!
Can we vote on who is kicked out?
For decades, Staten Island has been threatening to secede from NYC. The way they nixed it was to say that all citizens of NYC would have to vote on the matter, not just the citizens of Staten Island. So, on a national level, if say Texas wanted to secede, would everybody in the country get to vote on it?
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