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Comment by throw0101a | Hacker News Reader

> Why would blue states pay property taxes in Florida?

The GP may be referring to something like the difference between the taxes that are collected federally and paying of various services ('balance of payments'):

> In FY 2024, the federal government collected around $5.07 trillion from states and their residents through taxes on individuals and businesses and redistributed about $4.87 trillion back to states and residents through programs like Social Security, Medicaid, Medicare, food stamps, and education grants.

* https://usafacts.org/articles/which-states-contribute-the-mo...

Currently Florida 'paid in' more than it 'took out'.

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In terms of states that are subsidized, that could happen. If Florida changes status from a have-state to a have-not state the it will receive a subsidy. For now it has a lot of income from tourism but that could change but not in near future. Certainly Canadians will abandon it sooner or later if they get milked . Nobody in the right mind would stick around to subsidize billionaires who are avoiding taxes . American tourist can surely foot bill. Florida municipalities get downloaded on and they raise their property taxes.. It is not sustainable for sure.

Florida already gets more than it gives. Lowering their tax income will exacerbate that

Did you not read the GP at all? Florida currently pays $11B more than it receives from the feds. Since it is a large state this is percentage wise close to break-even but your claim is provably false.

So the red states are mostly subsidized except a few and Florida is one and what does that mean; does it mean that USA should or would abandon it federation because it is using socialist ideology benefiting the anti-socialists?! It is really hilarious.

If People in Florida residents have higher income that doesn't doesn't mean that if it doesn't pay federal taxes, its budget wont collapse. They monies collected by federal income tax does not belong to state of Florida.

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