Redistribution of Wealth in the good ole USA…
Ever wonder who pays the bills in the US?
How much MORE some states paid to the federal government in 2005 than they received back in expenditures.
California -$47.6 billion ($1,319 per person)
New Jersey -$27.5 billion ($3,162 per person)
New York -$23.8 billion ($1,234 per person)
Illinois -$19.0 billion ($1,490 per person)
Connecticut -$9.5 billion ($2,727 per person)
Minnesota -$9.5 billion ($1,513 per person)
Massachusetts -$7.2 billion ($1,115 per person)
Nevada -$6.0 billion ($2,528 per person)
New Hampshire -$2.3 billion ($1,776 per person) ironic number
of states that get back LESS than they give to the federal government: 16
California ($47.6 billion)Colorado ($4.7 billion)Connecticut ($9.5 billion)Delaware ($1.1 billion)Florida ($602 million)Illinois ($19 billion)Massachusetts ($7.2 billion)Michigan ($1.5 billion)Minnesota ($9.5 billion)Nevada ($6.0 billion)New Hampshire ($2.3 billion)New Jersey ($27.5 billion)New York ($23.8 billion)Oregon ($791 million)Washington ($3.3 billion)Wisconsin ($3.2 billion)
of states that get back MORE than they give to the federal government: 34
(Alabama, Alaska, Arizona, Arkansas, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Mississippi, Missouri, Montana, Nebraska, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, West Virginia, Wyoming, Washington DC)
Thus, in 2005, $167.6 billion was transferred OUT of 16 states for the benefit of 34 states and Washington, DC, with the bulk of the money ($98.9 billion) being taken from California, New Jersey and New York. And people wonder why those state have high taxes, or are growing more slowly than many other states.
By way of comparison, in 2005 $167.6 billion was more than the size of the economy of the state of Kentucky, state budgets of Texas and Florida combined, and the economy of the nations of Ireland and Israel.