[lbo-talk] balance of payments

[Max Sawicky]

Those numbers are problematic.  Tax data are attributed to the address
on the form, but that is not necessarily the filer's home address.  It
could be his/her tax preparer.  On the spending side, a contractor
operating in a state where the project is need not live in the state,
nor need its shareholders if the company is public.  The workers in a
state need not live there either.

There is also the time disconnect.  Somebody paying payroll tax for SS
& Medicare could retire to another state and get benefits there.

Oh, and this info is from the Tax Foundation, and they suck.
I haven't read their study -- go ahead and sue me -- if somebody
has and can flag a mistake in what I said, feel free to respond.

On Fri, Apr 9, 2010 at 4:46 PM, Doug Henwood <dhenwood at panix.com> wrote:
> James Heartfield was skeptical when I claimed that the most Republican,
> anti-government states in the U.S. got more in federal aid than they paid to
> Washington in taxes, and vice versa. Here's a map making my case:
>
> http://www.thefourthbranch.com/2010/04/government-spending/
>
> Doug
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