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5. California's economy is fifth largest in the world. We just passed the U.K.
Tue Mar 5, 2019, 02:32 PM
Mar 2019
source

It must chap Fat Donnie's ass that we exist and that we really don't care if he does. California is doing quite well, thank you. Our requests for government funds enables us to have some of the federal tax money we pay each year returned for our use.

We are a "maker" state. We pay more in federal taxes than we receive back in government benefits. Many of the red states are "taker" states, receiving billions of dollars more in government benefitsnthan they pay in taxes.

11 states pay more in federal taxes than they get back — here's how every state fares

A lot of federal tax money is immediately rerouted back to the states in the form of grants, which the state uses to spend on resources. But in some states, some taxpayers are left spending more in taxes than what they receive back in federal services.
...

[A New York State Comptroller] report examines the flow of funds between the federal government and each state for the federal fiscal year that ended on September 30, 2017, based on data from federal budget documents, the IRS, the US Census Bureau, and other sources.

We described the difference as the balance of payments. For example, California's balance of payments is -$13.7 billion. This means California residents get less in return than they pay for. However, Iowa has a balance of payments of $2.5 billion, meaning Iowa residents receive $2.5 billion more in federal services than what they pay in taxes.

The difference per capita means how much the average state resident received in federal services versus what they paid in federal taxes. In California, each resident is sending in $348 more than they get back. In Iowa, each resident is receiving $797 more back in federal services than they paid in taxes. The majority of states received more in federal services than what they pay in federal taxes.

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I doubt Fat Donnie can just "take back" money from states he doesn't like and transfer it to his pet projects. I have a feeling his gambit on his wall is going to determine that, once and for all.
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