More on Secession
isomin at gmu.edu
Thu Feb 15 14:12:20 PST 2007
I don't think it fully counts the subsidy, unless it considers California's benefits from defense, scientific research, Social Security, and other generally available federal programs that are not earmarked in some way for a particular state. Thanks to the deductibility of state income taxes, high-tax states in effect receive a discount on the benefits of such programs.
Assistant Professor of Law
George Mason University School of Law
3301 Fairfax Dr.
Arlington, VA 22201
e-mail: isomin at gmu.edu
SSRN Page: http://ssrn.com/author=333339
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