Democrats are about to have to pay up
Before the ink was dry on our new tax bill, outraged blue states were screaming about the cap on the deductibility of state and local taxes. Their governments were also frantically seekingways around it, and small wonder. For decades, high-tax states with a lot of wealthy residents enjoyed a hefty subsidy from the rest of America.
.. Over the past few decades, the United States has undergone “the Big Sort,” the clumping of the electorate into demographically, professionally and politically homogenous neighborhoods. Clinton voters have their Zip codes, and Trump voters theirs, and ever more rarely do the twain meet.
.. No, the money for American-style social democracy is all supposed to come from the rich. “I’ve been frustrated with liberals,” says Len Burman of the Tax Policy Center. “They really do just want to raise all the revenue from rich people, and they don’t understand that that really constrains what they can do in terms of financing the safety net.”
.. Sen. Bernie Sanders (I-Vt.) will keep promising big new programs with laughably inadequate financing mechanisms.. Blue-state professionals have enjoyed a disproportionate share of the prosperity gains over the past few decades; if they want a bigger government, they’ll have to give up those gains to fund it.