How reliant is your state on Uncle Sam’s wallet?Every year, billions in federal tax dollars are redistributed to the 50 states and the District of Columbia through grants, contracts, and benefit programs.We rank the states to see who benefits the most from the flows so readers can see the fiscal winners and losers at a glance.Data for this visualization comes from MoneyGeek, which uses Census Bureau and Bureau of Economic Analysis figures.Their dependency score blends two metrics: the state’s return‐on‐taxes ratio and the share of state revenues coming from federal sources.
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41 sats \ 4 replies \ @Undisciplined 22 Jun
I have a feeling that military spending is skewing this. Money spent on bases and personnel doesn't exactly mix into the rest of the state economy, certainly not dollar for dollar.
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42 sats \ 1 reply \ @0xbitcoiner OP 22 Jun
The article doesn't mention military spending, but it does say it leaves out Medicaid payments.
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26 sats \ 0 replies \ @Undisciplined 22 Jun
Oh, that's a very interesting note, since CA for instance has a very disproportionate share of the nations poverty.
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47 sats \ 1 reply \ @028559d218 22 Jun
Red States/Conservative states are generally less educated, have weaker economies, with higher unemployment, and higher welfare requirements. In other words more government dependency.
They collect less tax revenue and have a less educated workforce (lesser earning).
In the US they call them the 'flyover states' and their economic stagnation is in part the reason for Mr. Trump's political victory or appeal.
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5 sats \ 0 replies \ @Undisciplined 22 Jun
That's a bit oversimplified.
Red states are currently growing because people are moving out of blue states in large numbers for the economic opportunity and lower cost of living.
I think bracket creep and farm subsidies tell some of the story that you're discussing. Because the cost of living is lower, nominal wages are lower which means more people qualify for federal programs and they pay lower income tax rates. Some of the lower cost of living is due to lower productivity, but some of it is also just the lower tax and regulatory burdens faced by producers.
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5 sats \ 1 reply \ @028559d218 22 Jun
It's usually the Red States/Conservative States/Rural states that are the most dependent on the federal government (Trump-supporting states for example).
No surprise, right?
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0 sats \ 0 replies \ @0xbitcoiner OP 22 Jun
It's all new to me.
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