Newsom Floats Withholding Federal Taxes

Newsom Floats Withholding Federal Taxes
Photo by W K / Unsplash

Per Politico:

"'Californians pay the bills for the federal government. We pay over $80 BILLION more in taxes than we get back,' the Democratic governor said in an X post Friday afternoon, referencing a recent analysis from the Rockefeller Institute that California contributed about $83 billion more in federal taxes in 2022 than it received back from Washington."

The rest of the article is a lot of escalatory language - it's quite a read.

Balance of Payments Portal | Rockefeller Institute of Government
Explore the balance of payments between states and the Federal government.

h/t politicalwire.com

BTW... you might find my latest book, Defederalized: After The Constitutional Crisis an interesting read. It explains the trends leading to exactly this sort of development... as well as projections as to what might be next.