Author Topic: Blue states - Red states Who pays the most taxes? (Read 8044 times)

LurkerNoMore · « **on:** October 05, 2011, 06:43:01 AM »

Interesting that the top 5 high tax state are all blue states.
Connecticut
New Jersey
New York
Massachusetts
Maryland

Lowest 5 states are red
Mississippi
South Caro
Tenn
Alabama
Alaska

http://finance.yahoo.com/retirement/article/113611/most-least-taxing-states-bloomberg

Now that we know who pays the most $$$ taxes it would be interesting to see which states get the most $$ back in federal funding.

Hugo Chavez · « **Reply #1 on:** October 05, 2011, 07:30:14 AM »

blacken700 · « **Reply #2 on:** October 05, 2011, 07:39:37 AM »

here you go, have at it

Red States Feed at Federal Trough, Blue States Supply the Feed
Monday, September 27, 2004

The Tax Foundation has released a fascinating report showing which states benefit from federal tax and spending policies, and which states foot the bill.

The report shows that of the 32 states (and the District of Columbia) that are "winners" -- receiving more in federal spending than they pay in federal taxes -- 76% are Red States that voted for George Bush in 2000. Indeed, 17 of the 20 (85%) states receiving the most federal spending per dollar of federal taxes paid are Red States. Here are the Top 10 states that feed at the federal trough (with Red States highlighted in bold):

States Receiving Most in Federal Spending Per Dollar of Federal Taxes Paid:

1. D.C. ($6.17)
2. North Dakota ($2.03)
3. New Mexico ($1.89)
4. Mississippi ($1.84)
5. Alaska ($1.82)
6. West Virginia ($1.74)
7. Montana ($1.64)
8. Alabama ($1.61)
9. South Dakota ($1.59)
10. Arkansas ($1.53)

In contrast, of the 16 states that are "losers" -- receiving less in federal spending than they pay in federal taxes -- 69% are Blue States that voted for Al Gore in 2000. Indeed, 11 of the 14 (79%) of the states receiving the least federal spending per dollar of federal taxes paid are Blue States. Here are the Top 10 states that supply feed for the federal trough (with Blue States highlighted in bold):

States Receiving Least in Federal Spending Per Dollar of Federal Taxes Paid:

1. New Jersey ($0.62)
2. Connecticut ($0.64)
3. New Hampshire ($0.68)
4. Nevada ($0.73)
5. Illinois ($0.77)
6. Minnesota ($0.77)
7. Colorado ($0.79)
8. Massachusetts ($0.79)
9. California ($0.81)
10. New York ($0.81)
Two states -- Florida and Oregon (coincidentally, the two closest states in the 2000 Presidential election) -- received $1.00 in federal spending for each $1.00 in federal taxes paid.

LurkerNoMore · « **Reply #3 on:** October 05, 2011, 08:24:22 AM »

So why has no Repub on here posted yet? I am sure there is a reason to explain this.

Red state bozos constantly whine and cry about taxes, but they are paying the least while getting the biggest handout. Ironic hypocrisy at work here.

Soul Crusher · « **Reply #4 on:** October 05, 2011, 08:30:42 AM »

Very simple - most of those taxes are paid by wall street and financial industry people who live in NY, NJ, and CT. Same with Mass.

Freeborn126 · « **Reply #5 on:** October 05, 2011, 09:52:24 AM »

Don't be fooled by Alabama, it has a ridiculous 9.25% state sales tax. Probably to pay for all the welfare recipients in Montgomery.

OzmO · « **Reply #6 on:** October 05, 2011, 09:53:27 AM »

Quote from: Freeborn126 on October 05, 2011, 09:52:24 AM

Don't be fooled by Alabama, it has a ridiculous 9.25% state sales tax. Probably to pay for all the welfare recipients in Montgomery.

wow that's as bad a California

LurkerNoMore · « **Reply #7 on:** October 05, 2011, 09:57:06 AM »

Quote from: 333386 on October 05, 2011, 08:30:42 AM

Very simple - most of those taxes are paid by wall street and financial industry people who live in NY, NJ, and CT. Same with Mass.

Maybe the red states should get into the financial industry too and pay their share instead of just being content with having the highest rate of obesity, teen pregnancy, poverty, drug use, etc...

Soul Crusher · « **Reply #8 on:** October 05, 2011, 10:01:42 AM »

Quote from: LurkerNoMore on October 05, 2011, 09:57:06 AM

Maybe the red states should get into the financial industry too and pay their share instead of just being content with having the highest rate of obesity, teen pregnancy, poverty, drug use, etc...

Not disagreeing at all.

But Bloomberg always points out here in NYC that 40,000 taxpayers finance literally 50% of the NYC budget. Those are Wall Street people by and large and if they left, same as in bostons' financial district - these states would be FUBAR

LurkerNoMore · « **Reply #9 on:** October 05, 2011, 11:30:35 AM »

Thank god for liberals and blue states for supporting the trashy conservative red states huh?

chadstallion · « **Reply #10 on:** October 05, 2011, 12:19:06 PM »

'who pays the most taxes'?
those with poor accountants, CPAs and financial planners.

tu_holmes · « **Reply #11 on:** October 05, 2011, 12:22:26 PM »

Quote from: chadstallion on October 05, 2011, 12:19:06 PM

'who pays the most taxes'?
~~those with poor accountants, CPAs and financial planners.~~ the getbig millionaires.

Fixed.

LurkerNoMore · « **Reply #12 on:** October 06, 2011, 05:45:22 AM »

Quote from: tu_holmes on October 05, 2011, 12:22:26 PM

Fixed.

Naw bro, they have all their gold dollars and silver dimes in offshore accounts where it draws enough interest each month to make their Ferrari and yacht payments.

blacken700 · « **Reply #13 on:** October 06, 2011, 05:52:59 AM »

Quote from: LurkerNoMore on October 06, 2011, 05:45:22 AM

Naw bro, they have all their gold dollars and silver dimes in offshore accounts where it draws enough interest each month to make their Ferrari and yacht payments.

whork25 · « **Reply #14 on:** October 06, 2011, 06:08:07 AM »

Quote from: LurkerNoMore on October 06, 2011, 05:45:22 AM

Naw bro, they have all their gold dollars and silver dimes in offshore accounts where it draws enough interest each month to make their Ferrari and yacht payments.

So true it almost hurts

tonymctones · « **Reply #15 on:** October 06, 2011, 06:10:01 AM »

LOL so youre suprised that the states with higher tax rates are dem states and those with lower tax rates are reps???

really?

George Whorewell · « **Reply #16 on:** October 06, 2011, 07:06:21 AM »

Five states dominated by Democrats who have taxed and spent themselves into oblivion+ Wall Street foots the bill for NY and CT

What is so hard to comprehend about that and why is that somehow a badge of honor?

PS- When you have the highest tax rates in the country its natural that there is going to be more tax revenue-- as there is more money to accumulate.

This is another thread where left wing know nothings pat each other on the back for being so smart, without objectively analyzing the information that they posted.

tonymctones · « **Reply #17 on:** October 06, 2011, 07:35:27 AM »

Quote from: George Whorewell on October 06, 2011, 07:06:21 AM

Five states dominated by Democrats who have taxed and spent themselves into oblivion+ Wall Street foots the bill for NY and CT

What is so hard to comprehend about that and why is that somehow a badge of honor?

PS- When you have the highest tax rates in the country its natural that there is going to be more tax revenue-- as there is more money to accumulate.

This is another thread where left wing know nothings pat each other on the back for being so smart, without objectively analyzing the information that they posted.

That about sums it up...

Fury · « **Reply #18 on:** October 06, 2011, 09:54:48 AM »

Quote from: George Whorewell on October 06, 2011, 07:06:21 AM

Five states dominated by Democrats who have taxed and spent themselves into oblivion+ Wall Street foots the bill for NY and CT

What is so hard to comprehend about that and why is that somehow a badge of honor?

PS- When you have the highest tax rates in the country its natural that there is going to be more tax revenue-- as there is more money to accumulate.

This is another thread where left wing know nothings pat each other on the back for being so smart, without objectively analyzing the information that they posted.

Yup.

Dos Equis · « **Reply #19 on:** October 06, 2011, 11:10:04 AM »

Quote from: George Whorewell on October 06, 2011, 07:06:21 AM

Five states dominated by Democrats who have taxed and spent themselves into oblivion+ Wall Street foots the bill for NY and CT

What is so hard to comprehend about that and why is that somehow a badge of honor?

PS- When you have the highest tax rates in the country its natural that there is going to be more tax revenue-- as there is more money to accumulate.

This is another thread where left wing know nothings pat each other on the back for being so smart, without objectively analyzing the information that they posted.

Agree.

tu_holmes · « **Reply #20 on:** October 06, 2011, 11:11:55 AM »

Quote from: George Whorewell on October 06, 2011, 07:06:21 AM

Five states dominated by Democrats who have taxed and spent themselves into oblivion+ Wall Street foots the bill for NY and CT

What is so hard to comprehend about that and why is that somehow a badge of honor?

PS- When you have the highest tax rates in the country its natural that there is going to be more tax revenue-- as there is more money to accumulate.

This is another thread where left wing know nothings pat each other on the back for being so smart, without objectively analyzing the information that they posted.

I thought the point was that the people in the Red states are the ones spending all of the money, while the blue states were bringing in revenue to give them.

LurkerNoMore · « **Reply #21 on:** October 06, 2011, 12:03:15 PM »

Quote from: tu_holmes on October 06, 2011, 11:11:55 AM

I thought the point was that the people in the Red states are the ones spending all of the money, while the blue states were bringing in revenue to give them.

Obviously it is. Although the right wing "know nothings" only addressed one half of the topic.

Why not explain why red states are spending more $$$ than they are paying into the system? The red states can't support themselves? No wonder.

Option D · « **Reply #22 on:** October 06, 2011, 12:05:07 PM »

Quote from: LurkerNoMore on October 06, 2011, 12:03:15 PM

Obviously it is. Although the right wing "know nothings" only addressed one half of the topic.

Why not explain why red states are spending more $$$ than they are paying into the system? The red states can't support themselves? No wonder.

interesting

tonymctones · « **Reply #23 on:** October 06, 2011, 02:26:53 PM »

http://www.datamasher.org/mash-ups/federal-spending-state-total-divided-resident-population-2010

seems like a pretty mixed bag for 2010 and not 2005 which black ass had us looking at...

Fury · « **Reply #24 on:** October 06, 2011, 03:51:59 PM »

As someone who lives in CT (and in Fairfield County), I can safely say that this county pulls the entire weight for our bankrupt state as well. And who populates this county? That's right, rich Wall St. guys, hedge fund guys, doctors, lawyers and other very affluent people. Lower Fairfield County is arguably one of the three to five richest parts of the country.

Guess they are giving back.

But let's act shocked that Mississippi, a state with no agricultural prowess, no financial prowess and the highest number of uneducated minorities in the country, receives the most in benefits.