The Northeastern and Midwestern sections of the U.S. once glowed with industrial and agricultural riches. In many places today, however, the two regions have the shabby look of an unsuccessful middle age. One reason: the Federal Government, through its spending and tax policies, has been persistently draining wealth from the areas and transferring it to the once neglected but now prospering South and Southwest.
In fiscal 1975, the Great Lakes states gave the Federal Government $62.2 billion in taxes and got back only $43.6 billion— a loss of $18.6 billion. The Mid-Atlantic states of New York, New Jersey and Pennsylvania lost...
To continue reading:
or
Log-In
