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Federal Taxing and Spending Benefit Some (Red) States,.........

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XNASA Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-25-04 10:43 AM
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Federal Taxing and Spending Benefit Some (Red) States,.........
....Leave Others Paying Bill

http://www.taxfoundation.org/taxingspending.html

New Mexico gets $1.99 for every dollar in taxes, New Jersey only 57 cents

WASHINGTON, D.C.—Some states feast at the expense of others, according to the Tax Foundation’s latest annual analysis of federal taxing and spending patterns.

All taxpayers know that the federal government uses tax and spending policy to redistribute income from citizens with high incomes to those who make little, but citizens are less aware about geographically based income redistribution. Tax Foundation Senior Economist Scott Moody compares the federal tax burden in each state with Census Bureau data (2003) on federal spending in each state. The result is a ranking of which states got the best deal in 2003 from Uncle Sam’s tax and spending policies.

Federally Favored States
“During fiscal 2003, taxpayers in New Mexico benefited the most from the give-and-take with Uncle Sam,” said Moody. New Mexico received $1.99 in federal outlays for every $1.00 the state’s taxpayers sent to Uncle Sam. Other big winners were Alaska ($1.89), Mississippi ($1.83), and West Virginia ($1.82).




Gee, I think I recognize a pattern emerging.
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Cobalt Violet Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-25-04 10:52 AM
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1. Maybe they will vote to secede.
They seem to like to vote against their own economic interest in those states.
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