Originally
posted by
Unsympathetic:
The problem with the idea of those states seceding..
The only reason Texas' budget is positive (the entire justification for the "texas miracle") is federal transfer payments. Without the fed money, Texas is not profitable by themselves.
This is the same logic as "Keep governmental hands off my medicare"
Where are you getting your figures from? I've been googling mostly unsuccessfully, but the few sites I've found say that Texas receives about 90 cents back from the Federal Government for every dollar that Texans pay in Federal taxes:
http://www.ritholtz.com/...r-taker-of-federal-taxes/
I found another site that claims Texas received only 72 cents back per Federal tax dollar paid in 2010:
http://visualizingeconomics.com/...idreceived-for-each-state
I have no idea whether these numbers are accurate, or where to find definitive information. If anyone does know where I might find such info, I'd be interested.
That being said, IF the above links are truthful, then to say that Texas' budget is only positive because of Federal money is incredibly misleading. If the money being siphoned off by D.C. were left in Texas' economy, they'd be in better shape financially than they are now. And that is even if Texas used whatever taxes they decided to collect just as wastefully and incompetently as the Federal Government does.
And if those links above contain false information, then I'd expect a google search to come up with an overwhelming barrage of statistics from left leaning websites claiming the contrary. From what I can find, they only talk about Texas and Federal dollars in vague terms like "Texas is addicted to Federal money".. Well of course they're addicted to getting their own citizens' money back.