Nice, I moved from one state with a moderate surplus to another with about the same.
Nice, I moved from one state with a moderate surplus to another with about the same.
Wonder why they gave DC to Maryland. That hurt.
Anti-stance wrote:Otto Maddox wrote:
Me too. OK, it's only $211B, but hey, it's more than twice what we got back...
I suspect DE is on top because of all the corporations based there and paying taxes. Go to lower (slower?) DE and you will find a place that is wildly different from Wilmington.
So, which states have no income tax? Florida, TN, TX? I don't know the others off hand, but there are a few. That doesn't seem to have a correlation.
I grew up in WV and I always count on MS to keep my home state out of P50 on almost every bad list.
It would be interesting to see a current version of this chart with all the bailout $ applied. Seems like that spending went mostly to NY and MI. Take a trillion in spending and add it to NY and look where they end of on the chart.
Go PA! We're a big fat zero!
foxtrapper wrote: Wonder why they gave DC to Maryland. That hurt.
DC hurts us all.
T.J. wrote: I suspect DE is on top because of all the corporations based there and paying taxes. Go to lower (slower?) DE and you will find a place that is wildly different from Wilmington.
DE and SD both are home to many credit card companies because their laws governing that type of company is tilted in favor of the CC companies. That's why all those offers you get are from companies based in DE or SD.
carguy123 wrote:foxtrapper wrote: Wonder why they gave DC to Maryland. That hurt.DC hurts us all.
T.J. wrote: I suspect DE is on top because of all the corporations based there and paying taxes. Go to lower (slower?) DE and you will find a place that is wildly different from Wilmington. So, which states have no income tax? Florida, TN, TX? I don't know the others off hand, but there are a few. That doesn't seem to have a correlation. I grew up in WV and I always count on MS to keep my home state out of P50 on almost every bad list. It would be interesting to see a current version of this chart with all the bailout $ applied. Seems like that spending went mostly to NY and MI. Take a trillion in spending and add it to NY and look where they end of on the chart.
I still don't care what that chart says.....honestly, Cali is about the worst due to well, nearly the whole state going bankrupt.....and some cities too.
This is only a distribution of federal tax dollars coming in and then going out for federally backed projects(roads, military, etc) Not pertaining to the particular state's economy.
Ours sucks here in Indiana, but we still aren't in hot water like our neighbors to the west....
Josh wrote: The concept presented in this chart is guaranteed to incite, but glosses over the fact that spending within a state does not only benefit those living in the state. In the case of Maine for example, let's see this data once we add in the incomes of all of the property owners. Most full time residents here are poor, and pay little taxes, but the people clogging up our roads all summer and necessitating most of the capacity expansion that we need are the wealthy owners of vacation property who pay their income taxes in other states.
They still pay property taxes, and when they're up there they're also spending money - lots of it.
Without tourists both Maine and Vermont would hardly have any economy at all.
yamaha wrote: This is only a distribution of federal tax dollars coming in and then going out for federally backed projects(roads, military, etc) Not pertaining to the particular state's economy.
QFT. None of that really says that much.
There is masses of money pumped into Alabama because of Redstone Arsenal and Marshall Flight center.
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