The problem is that the agreement was “You won’t have to pay the tax now, you will pay it later.” If you take away the “you will pay it later” it creates the asymmetry. My understanding of how the IRS works is that if you renege on your agreement for tax deferral, you owe it now. This is over and above any fair proportion of the US national debt assumed by Texas at the time.
No it doesn’t, there’s no asymmetry. All the non-Texans throughout the U.S. with IRAs will still be paying later, so Texas will not get its proportionate fractional benefit from this later Federal tax revenue after it leaves the U.S.
It’s not the proportionate fractional benefit from the later Federal tax revenue that would have been paid to Texas. It’s the tax liability owed now for those no longer paying US Income taxes. That is, the loss that Texas realizes because they are no longer receiving Federal benefits does not cancel out the liability the US citizens in Texas would not be honoring by seceding. If Texas wants to forfeit future (possible) Federal benefits in order to secede it does not affect the responsibilities that current US Citizens have for paying taxes on their income.
You’re just trying to screw Texas by saying they must pay up an unfair amount to leave. In a fair secession these things offset. If the other 49 states have the right to demand immediate payment of all Federal taxes from Texan IRA holders, then Texas should fairly have the right to demand immediate payment of their fractional entitlement to Federal tax revenue from all IRA holders in the other 49 states.
Again - I think the most important matter by far would be that Texas assumes some fair proportion of the national debt.
Wouldn’t that be a resident of Texas? Citizenship is tied to country, not state.
So, what’s under discussion is what an unfair amount? You break your agreement, then taxes are payable now. That’s fair. That we should reduce that by what we expected to receive by the Federal government is unfair because we do not know what the Federal government may bestow. It may be more, it may be less. That is part of the calculus that Texas must consider when deciding to secede.
Not according to the 14th Amendment, as stated above.
Even in a fantasy world where all the political issues were worked out and it just came down to negotiating the economic details, do you really imagine this is going to hold up? That the other 49 states will say “you’re reneging on being part of the U.S., so it’s only fair that you pay us whatever we demand!”… and Texas will say “Okay, sounds right.”
No, I don’t think the State of Texas would agree, but the Citizens of Texas might just want to know that this is a result of voting to secede. Because it is a definite result of that decision.
Of course it’s not. It’s negotiable, like everything else.
And if they did secede, what would be negotiated economically would be a truly fair way to do it, not some fantasy of penalizing Texas in what you imagine is “fair” economic comeuppance for their failure of honor.
Fair? We’re contemplating allowing them to leave. That’s all the fairness this deserves.
It should be remembered that ‘we’ could say no and reenact Sherman’s March . . . that too would be ‘fair’.
As a spectator to the whole Brexit saga, I have to mention that setting up trade agreements and implementing border checks is no sinecure.
The requirement to vote in Texas is “You must be a US Citizen.” Nowhere does it state “you must be a citizen of Texas.” It doesn’t even say you have to be a “resident of Texas,” only a “resident of the county where you submit the application.” (cite)
Man, I can’t roll my eyes hard enough at that comment.
That’s just ridiculous. Like some sort of left-wing fever dream or something.
Nvm, not worth it
Well, you made a strong generalization based on what flags you see people waving. If yours is valid, so’s mine.
Did you not see any images from January 6th? Did they not cover the Civil War in your state? Have you not seen the flags on display at the recent right-wing protests?
Southerners like the American flag because it’s a symbol of them being in power. When it stops meaning that, they’ll swap it out for a different flag. They did it in 1860 and they’re ready to do it again. They’re only real Americans as long as it means they’re in power.
What’s the procedure for amending the Texas constitution? Surely, secession couldn’t be done with anything less than that.
Which, yes, would still leave a lot of people with a situation that they voted against. Which if you haven’t been paying attention, is already happening, and which is inevitable in democracy (or in any other government system, for that matter).
Remember, the people who tried to overthrow the government last year were waving American flags, too. They’d just say that Texas is the “Real America”.
Just once, I’d like the Feds to call the bluff. Round up every mother-loving one of the people calling for succession and plop them in front of a judge. Option #1 - We kick your ass out of the US permanently. Immediately. Force them to renounce US citizenship and give them a plane ticket to someplace nasty. Option #2 - Full public apology for being asswipes. Total public humiliation and groveling. Then lifelong probation. No guns, no vote, no governmental assistance of any kind.
That should take care of any “succession” nonsense.
I saw this link on another board, small Texas town touts itself as a beacon of freedom tries to attract business activity, keep public safety departments operational while rolling back property taxes to $0