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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMost Red States Take More Money From Washington Than They Put In
It's no secret: The federal budget is expanding faster than tax revenues, a trend that's been fueled by the rapid growth of entitlement programs and exacerbated by the recession. As a recent New York Times article documents, even as fiscally conservative lawmakers complain about deficit spending, their constituents don't want to give up the Social Security checks, Medicare benefits, and earned income tax credits that provide a safety net for the struggling middle class.
This gap between political perception and fiscal reality is also reflected in the distribution of tax dollars at the state level: Most politically "red" states are financially in the red when it comes to how much money they receive from Washington compared with what their residents pay in taxes.
A look at 2010 Census and IRS data reveals that the 50 states and the District of Columbia, on average, received $1.29 in federal spending for every federal tax dollar they paid. That means that some states are getting a lot more than they put in, and vice versa. The states that contributed more in taxes than they got back in spending were more likely to have voted for Obama in 2008 and were more likely to be largely urban. (There are some clear exceptions: For instance, New Mexico, a rural, Democratic state, gets more federal money per tax dollar than any other state.)
These three interactive maps break down the split between the spenders and lenders. Click on any state for more detailed data, including each state's per capita ratio of spending received versus taxes paid and where it ranked when the Tax Foundation ran the 2005 numbers.
http://motherjones.com/politics/2011/11/states-federal-taxes-spending-charts-maps
brewens
(13,620 posts)a few take in more tax dollars than they pay. I CEO of a weapons manufacturer could make most of his income off of us. Someone running an oil company would also take in a lot in tax dollars. Look at how much fuel we buy for the military and federal government.
Anyone heavily invested in "defense" related industry, oil companies, medical or big pharma could easily make more in tax dollars than they pay in income tax. They don't buy a system through bribery to lose money on it.
Fumesucker
(45,851 posts)Even when they say something good they have to spin it..