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Old 05-15-2017, 08:33 PM
 
Location: Paranoid State
13,044 posts, read 13,867,365 times
Reputation: 15839

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Quote:
Originally Posted by StanleysOwl View Post
He refers to what the people of California pay out in federal taxes.
But that's not what he said.
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Old 05-15-2017, 08:44 PM
 
600 posts, read 566,717 times
Reputation: 793
Quote:
Originally Posted by SportyandMisty View Post
But that's not what he said.
Federal taxes rather CA pays over 400 billion is more that any other state. This find is used by the feds to bailout the poor red states, defense etc etc.


CA doesn't need the feds. We can cut the feds and pay our own way with the 400 billion.

Funny thing is, all the ref states would fail once CA secede since the red states won't have CA tax money. lol
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Old 05-15-2017, 08:47 PM
 
911 posts, read 590,808 times
Reputation: 561
Quote:
Originally Posted by SportyandMisty View Post
But that's not what he said.
Yeah, actually, it is what he said. The linguistic use of state for its people is commonly accepted. Media do the same on a daily basis. His posts are obnoxious. But if you're out to ding him you should do it with arguable content, not trite semantics.
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Old 05-16-2017, 07:09 AM
 
Location: San Diego
50,290 posts, read 47,043,365 times
Reputation: 34068
Quote:
Originally Posted by taimaishu View Post
Federal taxes rather CA pays over 400 billion is more that any other state. This find is used by the feds to bailout the poor red states, defense etc etc.


CA doesn't need the feds. We can cut the feds and pay our own way with the 400 billion.

Funny thing is, all the ref states would fail once CA secede since the red states won't have CA tax money. lol
If we didn't pay the most we'd have bigger problems.


https://en.wikipedia.org/wiki/List_o..._by_population
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Old 05-16-2017, 08:10 AM
 
Location: Paranoid State
13,044 posts, read 13,867,365 times
Reputation: 15839
Quote:
Originally Posted by 2sleepy View Post
The gas tax does not help unions, nor does it fund my pension..
LOL! Money is fungible.

The gas tax frees up revenue that would otherwise have gone to pothole repair. That freed up money then goes to pensions.

Thus, it is true that every penny of a gas tax goes to road repair... and it is also true that every penny of gas tax revenue frees up money to go elsewhere.
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Old 05-16-2017, 08:21 AM
 
4,481 posts, read 2,285,399 times
Reputation: 4092
Quote:
Originally Posted by SportyandMisty View Post
LOL! Money is fungible.

The gas tax frees up revenue that would otherwise have gone to pothole repair. That freed up money then goes to pensions.

Thus, it is true that every penny of a gas tax goes to road repair... and it is also true that every penny of gas tax revenue frees up money to go elsewhere.
Exactly this.
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Old 05-16-2017, 08:25 AM
 
Location: Living rent free in your head
42,850 posts, read 26,275,432 times
Reputation: 34058
Quote:
Originally Posted by SportyandMisty View Post
LOL! Money is fungible.

The gas tax frees up revenue that would otherwise have gone to pothole repair. That freed up money then goes to pensions.

Thus, it is true that every penny of a gas tax goes to road repair... and it is also true that every penny of gas tax revenue frees up money to go elsewhere.
You are confused and you are attempting to use a smoke and mirrors argument aimed at criticism of planned parenthood on a different and unrelated issue

While an individual dollar bill is replaceable with another dollar bill, that does not mean that a spending entity is somehow freed from it's legal obligation to spend a given amount on a particular service. If law dictates how funds are to be spent on road repairs, the fungibility of money does not somehow allow that money to be spent on pensions.

Why not educate yourself on how public accounting works? FASB Home
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Old 05-16-2017, 08:28 AM
 
Location: Paranoid State
13,044 posts, read 13,867,365 times
Reputation: 15839
Quote:
Originally Posted by 2sleepy View Post
yes, it's for employees hired after 2012 because most people agree it is not right to retroactively cut earned pension benefits, how would you like it if your employer came at you and said they were going to take back the 401k match they had given you for the past 10 or 20 years?
Those union contract negotiations were not arms-length transactions and were the result of bribery and coercion.

We all know how the pension negotiations took place 30-40 years ago.

"Give us big increases to our pensions," say the Union Boss thugs, "and we will contribute to your re-election campaigns. Fail to give us big increases to our pensions and we will ensure you never, ever get elected again to anything. We will bury you. We will contribute massively to the election campaign of your competitors, and we will launch a massive get-out-the-vote campaign to vote you out of office." The Union Boss thugs continued, "Moreover, what do you care? By the time the bill comes due for the pensions in far-off 2017, you yourself will already have been elected into higher offices using our campaign contributions, and you will have retired."

Most everyone agrees it is not right to bribe elected officials into paying more for goods and services using taxpayer money. Outsized public sector pensions are no exception. Most everyone agrees that we should claw-back outsized pensions that were the result of bribery and corruption.
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Old 05-16-2017, 08:28 AM
 
Location: Living rent free in your head
42,850 posts, read 26,275,432 times
Reputation: 34058
Quote:
Originally Posted by max210 View Post
Exactly this.
newp...exactly NOT that. If you and I are both taxpayers in a small town and we each have a tax obligation of $10 and we pay in cash, then the town now has $20, which consists of two $10 bills with different serial numbers. If the town has a bill to pay at a local store for $10 it doesn't matter which of the ten dollar bills they pay the bill with, but it does matter that they use at least one $10 for that bill. Get it?

You folks really need to learn some basic accounting rules.
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Old 05-16-2017, 08:32 AM
 
4,481 posts, read 2,285,399 times
Reputation: 4092
Quote:
Originally Posted by 2sleepy View Post
newp...exactly NOT that. If you and I are both taxpayers in a small town and we each have a tax obligation of $10 and we pay in cash, then the town now has $20, which consists of two $10 bills with different serial numbers. If the town has a bill to pay at a local store for $10 it doesn't matter which of the ten dollar bills they pay the bill with, but it does matter that they use at least one $10 for that bill. Get it?

You folks really need to learn some basic accounting rules.
Well your analogy doesn't even match what were talking about but ok.
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