Re:New Economic Challenges and the Fed's Monetary Policy Review
by stock_toaster on Friday August 28, 2020 @12:35AM
(#24301390)
> At the state and locality level, it's generally the rule that more conservative states and counties are in better fiscal shape, and that's with typically far lower taxes.
Only because the federal government redistributes wealth from coastal states to interior ones.
https://www.forbes.com/sites/shaharziv/2020/05/12/blue-state...
At the national level, both sides tend to claim one ideal and ignore it whenever they get into office in order to pay back their base - Republicans give tax breaks to the already-wealthy, Democrats tend to rain cash down on academia, school unions, legal industry, etc.
At the state and locality level, it's generally the rule that more conservative states and counties are in better fiscal shape, and that's with typically far lower taxes.