Friday, May 8, 2020

On Governor Cuomo's Claim that Blue States Bail Out Red States Every Year

It's true in the sense that blue states pay more per-capita in federal taxes but that's because blue states tend to be wealthier......and being that the left is all about progressivity in taxes, maybe they shouldn't be making too much hay over this. And then there's the amount of funds given back to the states. On this part, yes, the red states get a larger percentage of their state budgets paid for by federal funds but here, too, you need to unpack the stats. The reason for the higher percentage is that red states tend to have smaller state budgets. A better way to look at it is from a per-capita perspective and here you'll see that blue states actually get a fair amount MORE from the feds than do red states; $2,124 versus $1,879 (https://bongino.com/liberals-resurrect-myth-that-blue-states-subsidize-red-states). My conclusion - I'll give Cuomo a "half true" on this one and that's probably being generous.

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