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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIowans Collected More Federal Benefits Than They Paid In Federal Taxes
Iowans Collected More Federal Benefits Than They Paid In Federal Taxes
By Pat Garofalo
The Iowa caucus officially takes place tonight, followed by the New Hampshire primary next week, the first two steps in the GOPs selection of a presidential candidate. While the Republican candidates have been trying to outdo each other on the amount of government that they would cut with several of them advocating the elimination of entire cabinet agencies its worth noting how much government aid the citizens of those states receive, in everything from federal infrastructure money to Pell Grants. The National Priorities Project laid it out:
- more -
http://thinkprogress.org/economy/2012/01/03/397053/iowa-new-hampshire-government-funds/
By Pat Garofalo
The Iowa caucus officially takes place tonight, followed by the New Hampshire primary next week, the first two steps in the GOPs selection of a presidential candidate. While the Republican candidates have been trying to outdo each other on the amount of government that they would cut with several of them advocating the elimination of entire cabinet agencies its worth noting how much government aid the citizens of those states receive, in everything from federal infrastructure money to Pell Grants. The National Priorities Project laid it out:
On average, every New Hampshire resident received $4,850 in direct assistance from federal programs in 2010 thats everything from the Medicare prescription drug benefit to Pell grants. According to a 2011 Census Bureau report, federal money also accounted for 30 cents of every dollar of New Hampshire state revenue in fiscal 2009, the most recent year for which comprehensive data are available. Federal money helps states pay for building roads and fixing bridges, among numerous other kinds of projects. [...]
Iowa received more federal money than New Hampshire in 2009. Thirty-three percent ($5.4 billion) of state revenue came from federal sources in that year In addition to the billions of federal dollars that helped finance the states government, Iowa residents received substantial direct federal assistance. On average in 2010, residents of the state each received $5,400 from all federal programs. Iowans paid on average $5,175 in federal taxes that year that includes income taxes as well as excise and other kinds of taxes, but excludes corporate incomes taxes. On balance, that means Iowans collected more federal benefits than they paid in federal taxes
Iowa received more federal money than New Hampshire in 2009. Thirty-three percent ($5.4 billion) of state revenue came from federal sources in that year In addition to the billions of federal dollars that helped finance the states government, Iowa residents received substantial direct federal assistance. On average in 2010, residents of the state each received $5,400 from all federal programs. Iowans paid on average $5,175 in federal taxes that year that includes income taxes as well as excise and other kinds of taxes, but excludes corporate incomes taxes. On balance, that means Iowans collected more federal benefits than they paid in federal taxes
- more -
http://thinkprogress.org/economy/2012/01/03/397053/iowa-new-hampshire-government-funds/
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Iowans Collected More Federal Benefits Than They Paid In Federal Taxes (Original Post)
ProSense
Jan 2012
OP
A state's share of residents aged 65 or older and under 18 determines most federal spending.
Thaddeus Kosciuszko
Jan 2012
#4
orpupilofnature57
(15,472 posts)1. How many Christian ,Militia ,teabagger ,re puby cans
in IOWA???????
Skidmore
(37,364 posts)3. Quite possibly a lot less than you so snarkily assume.
elleng
(130,964 posts)2. And Iowa goes Dem in Presidential elections (largely/historically.)
orpupilofnature57
(15,472 posts)6. Who takes care of people ? Who takes care of roses?
nothing against roses.
elleng
(130,964 posts)7. Dems, of course, and Iowans ain't stupid.
Thaddeus Kosciuszko
(307 posts)4. A state's share of residents aged 65 or older and under 18 determines most federal spending.
Moreover, a concentration of farming increases federal expenditures for agricultural assistance in states like Iowa.
FarLeftFist
(6,161 posts)5. Iowa usually votes BLUE.
democratisphere
(17,235 posts)8. IOWA HAS ALOT OF COMPANY IN THE 'WELFARE RECIPIENT' DEPARTMENT