Daily Archives: November 21, 2012

How the “Takers” Voted

By Stephanie Kelton

In any fiscal union, some states will benefit disproportionately from the way federal dollars are collected and allocated. In the US, roughly half of all states are net recipients of federal spending (i.e. they receive more in federal spending than they pay in federal taxes). These welfare queens are supported by fiscal transfers from the remaining states, who sacrifice their tax dollars but don’t enjoy the same investments in their infrastructure, industries, schools and communities. Continue reading

Stephanie Kelton appears on Majority Report

Stephanie appeared on Majority Report with Sam Seder on 11/20/2012. The image as well as this link will take you to the Majority Report web site.

The podcast can be downloaded or listened to by clicking this link (opens in new window).