2016’s States with the Best & Worst Taxpayer ROI
From Wallet Hub, April, 2016 (excerpts)
…taxpayer return on investment varies significantly based on simple geography. Federal income-tax rates are uniform across the nation, yet some states receive far more federal funding than others. But federal taxes and support are only part of the story.
Ideological differences regarding the role of local taxation have resulted in dramatically different tax burdens. This, of course, begs the question of whether people in high-tax states benefit from expectedly superior government services or if low-tax states are more efficient or receive correspondingly low-quality services. In short, where do taxpayers get the most and least bang for their buck?
WalletHub sought to answer that question by contrasting state and local tax rates with the quality of the services provided within the following five categories: Education, Health, Safety, Economy, and Infrastructure & Pollution. We used 20 total metrics to do so, and you can read our complete methodology as well as expert commentary below….
Read … Taxpayer ROI
Main Findings
Taxpayer ROI Rank |
State |
Total Taxes Per Capita Rank |
Overall Government Services Rank |
48 |
Hawaii |
45 |
27 |
Detailed Breakdown by State
Overall Rank |
State |
Total Score |
Education |
Health |
Safety |
Economy |
Infrastructure & Pollution |
27 |
Hawaii |
51.75 |
39 |
7 |
21 |
33 |
41 |
|