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This only works if you pretend fiscal transfers aren't a thing.
by unmole 8mo ago
This only works if you pretend fiscal transfers aren't a thing.
- AnthonyMouse 8mo agoIf you want to paint an abstraction layer on top of it then all you have to do is make it symmetrical. The federal government is extracting money from the state's tax base that would otherwise be available to the state and conditioning its return on doing something, which is a financial penalty against the state for not doing it.