Fontanelle, IA | w1891 - 11/15/2024 05:58
Doesn’t make even more stupidity correct. Lots of making up one’s own truth. Look at your own post about California taking all the funding being completely in correct above. You posted it because you wanted it to be true but did no research.
I saw Border's reply about the $5.03 paid in taxes by CA residents for every $1 in benefits. Also saw this in a graphic below
https://digg.com/finance/link/states-most-dependent-on-the-federal-g...
Digg's chart says CA supplies $587,616,657,000 in taxes to federal govt and receives $116,803,579,000
But I can't figure out how the data flows in:
https://usafacts.org/articles/which-states-rely-the-most-on-federal-...
Which states received the most money from the federal government?
Federal funding comes through several overlapping programs targeting state and local governments. The proportion of state revenues attributable to federal aid is determined by combining the funding received by both state and local institutions.
The five states that received the most federal aid were:
California ($162.9 billion)
New York ($110.2 billion)
Texas ($105.8 billion)
Florida ($58.8 billion)
Pennsylvania ($57.1 billion)
then this article says that federal grants/transfers support this. 58%.
https://usafacts.org/answers/how-much-money-does-the-federal-governm...
In FY 2023, the federal government spent 17.6% of its budget on transfers. This was a drop from FY 2022 when transfers were 18.7% of the budget.
Federal funding finances a broad range of programs and services, including education, nutritional programs, and infrastructure. In FY 2023, $634.2 billion, 58% of the total transferred, funded Medicaid and the Children’s Health Insurance Program (CHIP). These two programs provide free or low-cost health insurance to eligible individuals, such as some low-income people, pregnant people, and the elderly.
I'm hoping that you could help fill in the blanks as to the California Payroll taxes generated and California Corp Income taxes generated that would add to the $234,499,671,000 in individual income taxes to get close to the $587 billion figure that Digg's shows and perhaps why their $116 billion is different than the $162 billion that USAfacts shows? Is this just federal govt bucket accounting?
https://www.newsweek.com/map-shows-how-much-undocumented-immigrants-...
This article/author says that Californian's tax burdens collectively costing residents about 22.82 billion with the cost increasing to $30.93 billion when taking into account children.
While ITEP article says that California raises $8.5 billion in tax revenues off undocumented immigrants living within their borders
https://www.tpr.org/podcast/the-source/2024-08-04/taxes-paid-by-undo...
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RFK Jr. named as Secretary of Health
