Cuomo, AG: New Yorkers Have A Constitutional Right To Be Reimbursed For Our High Taxes

Hot Air ^ | July 18,2018 | ED MORRISSEY

[The Toll]

Is manufacturing Aircraft Carriers pork?

[Mr. K]

Yes, I am sure there was more too it than I could say in one sentence. It does not change the thrust of my post

[Mr. K]

You make another good point- why aren’t we allowed to deduct Fed from State too.

[pepsi_junkie]

No. As far as I know that's all done in Virginia at Newport News. Virginia isn't in the top five "getters". So what's equivalent work done in South Carolina which is the biggest receiver compared to taxes sent to DC? Or Alabama or Nebraska or Louisiana that's equivalent? By the way, Hawaii is sixth in the list of "getters" and they have a navy base. So okay, I guess that accounts for a lot of it but they also get a ton ... TON ... of pork for other stuff like ocean studies and native Hawaiian culture stuff and the like. So much so that a lot of government contractors use figure head native Hawaiians to lead their companies, on paper, so they get the massive earmarks for native hawaiian run firms. Same in Alaska.

But as I said, whenever I've made this point lots of people will come and say its not pork, their state needs it, whatever. All the pork is always somewhere else and all that extra infusion of FedGov cash is going to national defense.

[Deplorable American1776]

Where in the Constitution is the right to deduct State income taxes on your federal tax? I would like to see it?

[Hojczyk]

Everybody is probably only getting back 50 cents on the dollar after the DC crooks and government workers take there cut..

I think the only road money is for the interstates..

[Myrddin]

Redlining is prudent risk management. To discard the prudent practice with an accusation of racism is BS. It is the building block of the financial meltdown.

For an entertaining look at the problem from the finance side, see "The Big Short". It's a work of fiction based on real events and nicely explains what happened in 2007/2008.