A few bits about taxes and tax cuts for the #teabaggers

Overwhelmingly, republican leaning states receive more federal dollars than they spend.  I’m waiting on more recent data, but the numbers from this 2005 report (Source: Taxfoundation.org) say it all.  (FYI – taxfoundation.org is largely described as a fairly right-leaning think-tank, for what it’s worth.)

First this bit:  You are undermining the government of the country you purport to love so much.  Apparently your desire is to force the overthrow of the United States and have it replaced with, what, something like Somalia?  They lead the world in not having a national government.  (They also lead the world in people eating other people, but hey, it’s a trade off, right?)

**UPDATED TO REFLECT 2004 Presidental Election Swing after complaints that 2005 and 2008 are too far distant.  (Truthfully, this makes more sense)**

As you can tell, overwhelmingly, (with very few exceptions), the republican leaning states like Mississippi, Alabama, Louisiana, etc. are the states most dependent on Federal tax dollars. This is HILARIOUS considering they are the ones more ardently against the government spending, while the more predominantly democratic states consume less and less. (There are obvious Exceptions, Texas utilizes Oil revenue to pad their budget, Florida has thousands and thousands of “Fictitious” residents (Military choose Florida due to the low state income tax, regardless of the fact that they don’t live there), and Nevada, having gambling revenue, relies much less than normal. Though honestly I’m not sure what the deal is with Colorado, the only thing they produce is crappy beer.)

So why are all of these states, with populations who disapprove of federal spending, demanding it?? Wouldn’t the right thing be to opt out of the federal programs, not ask for help when a highway needs to be built, or a government contract needs to be awarded, or , oh, say an OIL SPILL or HURRICANE or some other natural disaster rolls through? Why are Mississippi, Alabama, and Louisiana, after lambasting “BIG GOVERNMENT” relying on that big government to bail their hapless, helpless asses out of a bind?

Amazing that Senator Vitter (R-AL), Governor Jindall (R-LA) and the likes SUDDENLY have their hands out begging for federal aid when they need it, but they’re the first in line to blast the very same programs they are applying to for help.

I’m still looking for the source, and will post it here when I find it. But basically when you give a tax cut to the wealthy/large businesses, something like *MAYBE* 50% of that money gets back into the economy. The rest goes to increasing the company/individual’s bottom line, to make their shareholders happy. Really now – is someone who makes a million dollars a year going to change his spending habits if he gets an extra $10k back at the end of the year? No. It’s business as usual.

Conversley, when you give a tax cut to someone making $60k a year, they’re going to take every single penny of that extra money straight to WalMart, or their Car Dealer, Best Buy, or to the local Mall, and spend it. That increases CONSUMPTION, which brings the economy up as a whole. Walmart sells more, order more product from manufacturers, etc. etc. etc. Manufacturers then put more workers to work, who take THAT money and spend it, etc, etc, etc.

Large businesses DO NOT like that idea, because they actually have to work for their money, where they would MUCH rather have the politicians that they’ve bought and paid-for just hand them their profits on the backs of the people who actually work for a living.

I am a business owner. I can honestly say that financially and from a business standpoint that I’m doing better how than I was with the Right in office, and I will believe my checking account balance before anyone’s propaganda any day of the week and twice on sunday.

Ok – i’ve got my asbestos jockey-shorts on, flame away.