WalletHub

Source: Wallethub

Category: Digital Media, Taxes and Policy

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

4 Responses to “States Most & Least Dependent on Federal Government”

  1. S Brennan says:

    I’m always a bit suspicious of this type of chart…it never seems to register certain events & tax cuts to “special people”. For example

    Where did the TARP money flow?

    And where did the QE money go, wheres the evidence of TRILLIONS spent…nowhere on this chart.

    And how about laws & trade agreements that “protect” 40-90 year old “intellectual property” of firms that “off-shore” all their profits to avoid taxes? Drug companies, entertainment…software would be a cottage industry with huge government outlays. Microsoft produces software nobody wants to buy, but it’s government supported monopoly position is forcing people to buy products they don’t want.

    And what of all those CEO’s & fund managers who collect their yearly salary under the guise of “capitol gains”?

    And what of all the tax loopholes that appear once and are never counted again?

    Metrics Matter…and I very much doubt the chunks of money I outlined are taken into account. QE 1-2-3 alone dwarfs yearly budgets.

  2. NMR says:

    It’s ironic that two of the largest BIG government figures in Republican demonology are FDR and Johnson who are the two people (the other is Truman who is demonized less) who are principally responsible for all this redistribution of dough to Republican controlled red states. There was a time of course when all those mainly Southern conservatives loved big government but that all changed in the 50′s/60′s. I wonder why…LOL

  3. tippet523 says:

    Does this take into account the state taxes that are paid? I paid $43,000 in state income taxes. That resulted in $17,000 less federal income tax paid. So yes some of the states are getting a low percentage of Federal Taxes but Illinois got 43000 and the US got 17,000 less than if i were in a state that did not tax personal income.

  4. 4whatitsworth says:

    WalletHub WTF who are these idiots? Pick a bunch of variables that show Alaska at 21 and Hawaii at 29 who in their right mind would see it this way? Here is NYT article its a little dated but probably generally reflects a much better version of the truth it shows a much different story.

    http://economix.blogs.nytimes.com/2010/08/31/states-that-received-the-most-federal-funds/?_php=true&_type=blogs&_r=0

    Also a census study http://www.census.gov/prod/2010pubs/fas-09.pdf