Quote:
Originally Posted by Antitrust32
200 million compared to 800 million. thats like $8 per taxpayer (more than pennies) when you consider the % of the country that doesnt pay taxes.
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Wow - you are really ... guessing at that math, aren't you? LOL! You came up with .... oh,
$8?
Just pulled that figure out of clear air, huh?
Try and follow this: Walker now has to borrow a little over $24 million to pay for necessary essential upgrades. That $24 million was in the federal grant.
Walkers state bonds don't get the rate US Treasury Bonds do for the cost of borrowing that money, btw. So it's more expensive money, to the citizens of Wisconsin, than taking the federal money. That's just a given up front.
The citizens of Wisconsin now have to pay for that $24 million on the state level,
divided only among the taxpayers of Wisconsin.
Rather than pay their share of that $24 million through their federal taxes,
divided among millions more people, the taxpayers of the United States.
Now, your argument is that it is better to pay their share of only $24 million, and not have the equipment upgrades, new trains, new track, new lines which you say won't make profit, jobs, etc; than pay their share of the greater cost among the 50 states. Well, Walker agrees with you.