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RE: LeoThread 2023-10-25 21:27

in LeoFinance2 years ago

Enough people left New York State in recent years that it lose representation in Congress. What NY lost, Florida gained.

It's even worse in California: It lost population for the first time since it became a state. Texas and FL gained.

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Tennessee gained too.

I think you have blue becoming bluer and red becoming redder. If you make money in the a city like NYC, I think you will get tired of the 11% or 12% city tax (on top of all the other taxes).

Just by moving out of NYC 2 Long Island, Westchester, or New Jersey people lower their tax burden.

As 4 red/blue, if enough people move out then balance becomes lopsided, as in Washington DC (95:5 blue). W/ enough time, TX can turn blue.

Yeah or they can swing the other way. A constant battle in many states between the two.

Which means these cities are losing their tax base which could set off a spiral.

Places like NYC & California may lose their tax base and kick off a doom loop, but 1 side effect their elected leaders may welcome is guaranteed supermajorities at state & local governments. That's weaponized incompetence, pioneered in DC.

That is true although if they lose enough seats, it will be difficult to tap into the federal well.

Really doesnt matter because politicians today, no matter which party, excel at incompetance (or corruption).

Incompetence is weaponized b/c it causes flight from location, leaving only the very poor & the elites. The very poor R dependent on gov't. Elites have their voters locked up. It may happen in red places, but better known instances R blue.

Regarding accessing federal funds, places which lose representation in the House of Rep's still have their 2 senators, and they still wield significant influence when it comes 2 bringing home D bacon. That's why they love D current process.

its all a play