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Hugh Said:
Does Ron Paul's policies actually mean higher taxes for individuals on the state level?We Answered:
No, not necessarily. Some states which are getting subsidies from the federal 'nanny' govt. may have to raise rates OR cut spending. If they can cut spending in areas that don't produce results, they can keep the tax rates steady or even lower them.But, if these states have incompetent governers who want to keep the status quo, and keep the bloated bureaucracies as they did before under the federal govt. hand outs, then it is up to the constitutents to deal with their own state governments. If the constitutents elect those who want to keep the status quo, then they will be in for a tax sticker shock.
For some states, like New Jersey, we give the federal government more in tax revenues than we get back from the government. For states like these, we may even get tax cuts.