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Tuesday, November 13, 2012

Secede Money

Dana Milbank at the Wash Post makes exact point I raised here yesterday, though with a few more numbers.  It's in response to those petitions to the White House from hundreds of thousands, mainly in red states, who wish to secede from the union.  He warns, They should be careful about what they wish for....

"Red states receive, on average, far more from the federal government in expenditures than they pay in taxes. The balance is the opposite in blue states. The secession petitions, therefore, give the opportunity to create what would be, in a fiscal sense, a far more perfect union....

"Among those states with large numbers of petitioners asking out: Louisiana (more than 28,000 signatures at midday Tuesday), which gets about $1.45 in federal largess for every $1 it pays in taxes; Alabama (more than 20,000 signatures), which takes $1.71 for every $1 it puts in; South Carolina (26,000), which takes $1.38 for its dollar; and Missouri (22,000), which takes $1.29 for its dollar."

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