Blue states were already subsidizing red states before Trump’s vindictive tax cuts that punished states that didn’t vote for him. Now NY, NJ, and CT are suing IRS for blocking a workaround to the $10,000 limit on state/local tax deductions.
The tax cuts could also further penalize blue states by causing people to move from them.
NJ, NY, and CT sued @stevenmnuchin1 and the IRS this morning over a new rule blocking a workaround to the $10,000 cap on SALT deductions. @CNBC got the first interview with NJ's @GovMurphy, he told us the new IRS rule is "dead wrong." pic.twitter.com/yPaMGnDTpb
— Power Lunch (@PowerLunch) July 17, 2019
"In 2017, Kentucky received $40 billion more from the federal government than it paid in taxes. That’s about one-fifth of the state’s G.D.P.; if Kentucky were a country, we’d say that it was receiving foreign aid on an almost inconceivable scale."https://t.co/EUULmuRu1E
— Alec MacGillis (@AlecMacGillis) July 2, 2019
Do you think it's wrong for the rich to help subsidize the poor? Someone tell Mitch McConnell's constituents in Kentucky, who effectively receive huge aid from rich blue states https://t.co/6ZsbxpJL5m
— Paul Krugman (@paulkrugman) July 1, 2019
Next time someone from one of these green states tries to claim immigrants don’t pay taxes, tell them that the biggest beneficiaries of government money are citizens of Kentucky and other states where Fox News is popular. Tell them to thank a New Yorker for their handouts. https://t.co/NHBS9OVUFk
— Walter Shaub (@waltshaub) June 30, 2019
These two states had the biggest economic gains from Americans’ migrations, according to a @Bloomberg analysis of state-to-state moves… https://t.co/BQaClU1Wir
— PPG (@ppg_perry) May 31, 2019
Migration’s Biggest Loser Is Connecticut as Florida Profits – Bloomberg @rolandlemar https://t.co/DVRHTXSSU5
— MickTheQuickFan (@JMRivers17) May 24, 2019
Because homeless people in red states move to blue states. Maybe red states should start picking up some of the burden.https://t.co/ZbNmJfgMGD
— Tyson White (@TysonJWhite) June 1, 2019
Not only that, the liberal-leaning people who may be fleeing blue New York because of SALT and moving to purple states won’t henceforth be helping Republicans win the Electoral College. Don’t understand why people haven’t thought about this. https://t.co/UvFk7knQ14
— George Conway (@gtconway3d) April 29, 2019
For every $1 in taxes states send to the federal gov't, here's how much they get back:
— Heather Long (@byHeatherLong) July 10, 2023
Kentucky $2.82
New Mexico $2.48
West Va $2.35
Virginia $2.28
Miss. $2.22
Alabama $2.18
Alaska $2.16https://t.co/WaHzOK0Yg9 via @andrewvandam pic.twitter.com/ttyF7SBQ0B
Sad! 