4 ms·
Mixed up the numbers, 37% was the number of the article I was thinking of. https://www.wsj.com/opinion/biden-welfare-spending-transfer-payments-republicans-savi
by pxmpxm 2y ago
Mixed up the numbers, 37% was the number of the article I was thinking of. https://www.wsj.com/opinion/biden-welfare-spending-transfer-payments-republicans-savings-tax-reform-3f10d9eb https://www.wsj.com/opinion/biden-welfare-spending-transfer-...
In any case, I don't see how the state net revenue balance is relevant as a justification for this - all that's saying is california has fatter tail on the income distribution. You don't "own" those rich people, as the high-tax states are coming to find out with the mass exodus to florida.
Definitionally 4/10 of california residents cannot be in poverty.