This page is a permanent link to the reply below and its nested replies. See all post replies »
exchrist · 36-40
I think it would be better for California and a huge blow to funding for the us military industrial complex which would be ideal. Unfortunately, highly unlikely. About 16% of federal tax collection comes from CA thats roughly $804 billion a year in 2024. Thats .804T\Therefore i hope CA declares independence!
Then Texas which accounts for 8.9% of federal income in 2023 about $355 B est. 2024 (6.8% federal income in 2024). Florida received 293.4 B back in federal funding. . . And contributed $310.6 B. Mean Florida's net contribution to the fed was $17.2B.
then Florida accounts for % of the federal budget $310.6B (est. 2024) meaning it technically only contributed $17.2B in net proceeds to the federal coffers given federal budget was 6.16 trillion in 2023 thats 6160T\.3106T= 5.13% of the federal taxes received by the federal goveenment were paid by Florida. FLORIDA accounts for 23.37M which is 23.37/340.1 6.87% of the us population.
Then New York which accounts for 7.54% of federal tax collection in 2024 ($384 B).
Math pending
Nearly all states receive more back than they contribute.
Those 4 states pay a nearly a third to the federal budget (7.54+8.9+15.8= 32.24% ) of u.s. federal budget is collected from just those three states. Those three have a population of CA (39.431M)(16% of federal dollars) TX (31.291M) (8.9% of federal $) FL(23.372M) (
(NY(19.867M)
Lot of numbers many states receive almost as much back or more in aid from the fed as they contribute in taxes.
Then Texas which accounts for 8.9% of federal income in 2023 about $355 B est. 2024 (6.8% federal income in 2024). Florida received 293.4 B back in federal funding. . . And contributed $310.6 B. Mean Florida's net contribution to the fed was $17.2B.
then Florida accounts for % of the federal budget $310.6B (est. 2024) meaning it technically only contributed $17.2B in net proceeds to the federal coffers given federal budget was 6.16 trillion in 2023 thats 6160T\.3106T= 5.13% of the federal taxes received by the federal goveenment were paid by Florida. FLORIDA accounts for 23.37M which is 23.37/340.1 6.87% of the us population.
Then New York which accounts for 7.54% of federal tax collection in 2024 ($384 B).
Math pending
Nearly all states receive more back than they contribute.
Those 4 states pay a nearly a third to the federal budget (7.54+8.9+15.8= 32.24% ) of u.s. federal budget is collected from just those three states. Those three have a population of CA (39.431M)(16% of federal dollars) TX (31.291M) (8.9% of federal $) FL(23.372M) (
(NY(19.867M)
Lot of numbers many states receive almost as much back or more in aid from the fed as they contribute in taxes.
This comment is hidden.
Show Comment