“The reality is that most red states are tax parasites. IOW they receive more federal dollars back than they send in for taxes to the federal level.”
I belive that is true of all 50 states… think about it, the federal goverment currently spends very roughly 150% of what it collects… so all states get more than they pay in.
I accept that there is inequity between states and that red states get a better deal than blue states… but all states eat more gubmint cheese than they paid for.
It will be very unpopular for stingy states to bail out generous ones. Can you imagine states where workers get 60% final average salary pensions at 65 are asked to bail out states that get 100% of final average sallary pensions indexed for inflation at 60? Hardly fair.
Best hopes for more forced savings in the future… otherwise the prudent will be required to support the shortsited more than they currently do.
