@heidilifeldman
I call it the blue alliance. I tend to take problems I'm contemplating to the limit, it sometimes leads to insights.
I can imagine a coordination between blue states to share resources and be able to take on much domestic policy for their citizens, including civil rights protections, education, climate change, welfare, small business support, healthcare, union support, fema like support, eetc.
The blue states have shared values, most of the nation's money, and if combined in a coalition would remain one of the biggest economies in the world. There would probably be ways to leverage that economic power against a rogue Washington.
A view to the limit I remind you.
@jab01701mid @stargazersmith @heidilifeldman 2 problems:
1) You need a bank to hold an escrow account and while there may be banks willing to hold federal taxes in escrow they will be few and far between if any.
2) State governments don’t collect people’s federal income tax. Either the company that manages your payroll handles it or you have to pay it yourself to the IRS
@stargazersmith @jab01701mid @heidilifeldman Not enough. And states can’t take on debt like the Federal government.
But they can raise income taxes on people who will benefit from the Trump tax cuts. As I said in a post of mine earlier today, I think they will have to in order to make up for an absent/unreliable federal government
@jab01701mid @stargazersmith @heidilifeldman Well... Back when I was in banking, an operations officer decided to hold the savings bond money a week longer than was required. The feds have an account you are supposed to use. Iirc, she floated them in an account she controlled before shifting them into the fed account, and collected the interest on the money. The feds, noticing their money was arriving late from one branch of one bank, sent a notice to the branch, and cc'd the bank's HQ. The bank sent auditors.
The only thing that kept her from arrest and trial was the scandal the proceedings would have brought the bank.
When auditors arrive, you give them complete access to records and cash, and get out of their way. It was a bad scene. I knew the person who trained that operations officer. He was very much saddened.
Withholding collected taxes would not be something hidden from view, like this account was for a short time. It would be confrontational from the start, and extremely likely to get a sudden and severe federal response. If this is someone's plan, prepare accordingly. They won't just send auditors, but they'll definitely send them, too.
@jab01701mid @stargazersmith @heidilifeldman Except that accounts are federally insured. And state banks need to use a fed bank as a clearinghouse for many transactions. We used UCB way back in the olden days. I don't keep up with banking regulations. Perhaps there is a loophole that could be exploited to stave off the inevitable. The feds will collect their money.
I mean, the bank and feds were most unhappy about being 1 week behind in collecting interest on the savings bonds sold at 1 branch. They went career-ending nova on the culprit. This probably would warrant going supernova on California, lol.
You know the Boy Scout motto: Be Prepared? I'd duck.