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This misses the component of interstate distribution. Depending on how much federal taxes Tennessee paid, that 113 B could become positive or negative. It look
by s1artibartfast 2y ago
This misses the component of interstate distribution. Depending on how much federal taxes Tennessee paid, that 113 B could become positive or negative.
It looks like in 2023, the IRS collected ~96 billion from TN
https://www.irs.gov/statistics/soi-tax-stats-gross-collections-by-type-of-tax-and-state-irs-data-book-table-5 https://www.irs.gov/statistics/soi-tax-stats-gross-collectio...