« Delicate rail, hearty bus | Main | Cautious or Exuberant? »

October 01, 2004

Gainers and Drainers

Which states benefit from federal taxing and spending policies?

According to a Tax Foundation study:

Currently taxpayers in North Dakota benefit most from the give-and-take with Uncle Sam, receiving $2.03 for every dollar in taxes. New Jersey benefits least, receiving just 62¢ per federal tax dollar.

Other states that receive little spending per dollar of federal tax are Connecticut (64¢), New Hampshire (68¢), Nevada (73¢), Minnesota (77¢) and Illinois (77¢).

Though not comparable as a state, the District of Columbia is by far the biggest beneficiary of federal spending, receiving $6.17 for every federal tax dollar—more than nine times the national average.

Tax Prof sees a pattern: Blue states feed red …

The report shows that of the 32 states (and the District of Columbia) that are "winners" -- receiving more in federal spending than they pay in federal taxes -- 76% are Red States that voted for George Bush in 2000. Indeed, 17 of the 20 (85%) states receiving the most federal spending per dollar of federal taxes paid are Red States.

In contrast, of the 16 states that are "losers" -- receiving less in federal spending than they pay in federal taxes -- 69% are Blue States that voted for Al Gore in 2000. Indeed, 11 of the 14 (79%) of the states receiving the least federal spending per dollar of federal taxes paid are Blue States.

Posted by tedb at October 1, 2004 10:11 AM



Search


Recent Entries
Categories
Contact
Links
Blog Roll
Archives
February 2007
Sun Mon Tue Wed Thu Fri Sat
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28      
Powered by
Movable Type 3.2