this post was submitted on 28 Jan 2024
901 points (98.5% liked)
Political Memes
5426 readers
2078 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Texas is a poser, relies on so much federal funding! https://usafacts.org/articles/which-states-rely-the-most-on-federal-aid/
How will TX support itself? Thoughts and prayers?
Texas would have to issue its own money, and getting enough money wouldn't be the issue; they could just print it. It will be all the things that come with establishing new money.
California receives more per person according to that data, and California would have the 8th highest GDP in the world if it were a country. This isn't the best metric.
California isn't threatening to secede though
Wasn't my point, but noted.
Then what was your point?
Per your link, Texas is pretty low on the list of federal funds as a percentage of the budget. Much less so than many northern states.
Just looking at the amount of money received is a poor metric.
To me that implies TX will have a 20% gap to fill, and I am not sure that 20% counts as “pretty low”. What do you mean? FWIW, I didn’t downvote you.
Oh that's easy, they'll just make that the new sales tax! Take I from the poor with more regressive taxes.