The ability of the United States government to tax and spend in specific regions has large implications to economic activity and performance.
Spending is largely focused on areas of poverty, the elderly, and centers of federal employment such as military bases.
The ability of the government to tax and spend in specific regions has large implications to economic activity and performance.
The main issue driving this research is the question between equity and equality (Leonard and Walder, Page 17).
After discounting income with costs of living, New York's poverty level increases a significant amount (Pear, Page 2).
The breakdown of federal spending is done in the following ways: defense (military), non-defense discretionary, Social Security, Medicare, grants, and various other programs.
Private organizations such as the National Priorities Project and The Pew Charitable Trusts have since developed their own reports.
California, with 24 recommendations for closure or realignment, has had the largest decline in defense spending, which attributes to a loss of roughly $50 billion, given the population increase since the early 1980s.
The Fisc argues that the later policy changes in the 1980s involving beneficiary eligibility may have a time lag, meaning the causes of those changes are just now being felt.
The changes in taxes have remained fairly stable over time, and are strongly correlated with income per capita per state.
The query was designed to determine whether the state of New York was paying more in taxes than it was receiving in federal spending.
The determination is made by looking at an individual state's balance of payments (BOP), which is total income minus outlays.
[5] Several commentators have pointed out that the states that benefit the most by federal spending are the very states whose populations tend to vote for leaders who promise to reduce federal spending, while those that benefit the least from large government vote for politicians who promise to make it even larger at their expense.