Post by the Scribe on May 12, 2020 0:00:36 GMT
Right wing noise media constantly harps how badly Democratically run cities are as an example how Liberalism does not work. Yet they NEVER like to bring up the fact that Red Republiconservative run states take more from the Federal government (that they hate) while Liberal States are the giver states. Could these RED states make it on their own without the tax money BLUE states give the Feds that then get handed to THEM? Just more hypocrisy from the right.
Let's see how WELL RUN Republicon states and cities are when we remove the wealth transferred to them by BLUE liberal states via the Federal Government.
Most & Least Federally Dependent States
wallethub.com/edu/states-most-least-dependent-on-the-federal-government/2700/
John S Kiernan, Managing Editor • Mar 18, 2020
One big point of difference among state economies is the tax burden of the average citizen. This number varies greatly. But what are the reasons behind why some states tax their residents more or less?
If a state can afford not to tax its residents at high rates, there are multiple explanations. One is that their economic policies are sound and the state economy is doing well. But another is that the state gets disproportionately more funding from the federal government than states with harsher tax codes.
Americans have looked at federal assistance programs with growing scrutiny. Under the current administration, the number of people dependent on government assistance has decreased. Regardless of overall trends, though, it is true that some states receive a far higher return on their federal income-tax contributions than others.
Just how big is this difference? And to what extent does it change our perception of state and local tax rates around the country? WalletHub sought to answer those questions by comparing the 50 states in terms of three key metrics. Read on for our findings, commentary from a panel of experts, and a detailed explanation of our methodology.
For further clarity on the problems contributing to federal-funding disparities, we talked to a panel of economics and public policy experts. Click on the experts’ profiles to read their bios and responses to the following key questions:
Should federal resources be allocated to states according to how much they pay in federal taxes or should some states subsidize others?
What programs should be a state/local responsibility and what should be a federal responsibility?
What is the fairest way to redistribute federal resources back to the states?
Let's see how WELL RUN Republicon states and cities are when we remove the wealth transferred to them by BLUE liberal states via the Federal Government.
Most & Least Federally Dependent States
wallethub.com/edu/states-most-least-dependent-on-the-federal-government/2700/
John S Kiernan, Managing Editor • Mar 18, 2020
One big point of difference among state economies is the tax burden of the average citizen. This number varies greatly. But what are the reasons behind why some states tax their residents more or less?
If a state can afford not to tax its residents at high rates, there are multiple explanations. One is that their economic policies are sound and the state economy is doing well. But another is that the state gets disproportionately more funding from the federal government than states with harsher tax codes.
Americans have looked at federal assistance programs with growing scrutiny. Under the current administration, the number of people dependent on government assistance has decreased. Regardless of overall trends, though, it is true that some states receive a far higher return on their federal income-tax contributions than others.
Just how big is this difference? And to what extent does it change our perception of state and local tax rates around the country? WalletHub sought to answer those questions by comparing the 50 states in terms of three key metrics. Read on for our findings, commentary from a panel of experts, and a detailed explanation of our methodology.
For further clarity on the problems contributing to federal-funding disparities, we talked to a panel of economics and public policy experts. Click on the experts’ profiles to read their bios and responses to the following key questions:
Should federal resources be allocated to states according to how much they pay in federal taxes or should some states subsidize others?
What programs should be a state/local responsibility and what should be a federal responsibility?
What is the fairest way to redistribute federal resources back to the states?