For every dollar New York sends to the feds they only get back .79 cents. In contrast South Carolina gets back $1.20 which means that as a "welfare state" it can afford to have a lower tax burden. Also since there are more high-income earners in New York , McCain would be better in that department , the bush tax cuts, capital gains cuts and estate tax cuts benefits New York more than South Carolina. Strange bedfellows perhaps, the GOP tax plan ironically supports New York however, people vote against their own economic interest.
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Please find another state to hold up as your exemplar of economic acumen. South Carolina is an abysmal place for... [MORE]
Philotiger
Aug 15, 2008 16:03
For every dollar New York sends to the feds they only get back .79 cents. In contrast South Carolina gets...
New Yorker
Aug 15, 2008 01:02
Ayn Rand once explained the liberal cure for a broken leg is to break everyones leg. [MORE]