5 States Pay Their Own Way; The Other 45 are Subsidized by the Federal Government

[The Straight Story]

5 States Pay Their Own Way; The Other 45 are Subsidized by the Federal Government


Believe it or not, there are actually five states that contribute more in revenues to the U.S. government than they get back in federal spending. According to figures from Fiscal Year 2009, those states are:

· Connecticut
· Delaware
· Illinois
· Minnesota
· New Jersey

The most impressive was Minnesota, which gave $67.6 billion in taxes to the IRS, while getting back only $45.7 billion in retirement and disability payments, grants, salaries and other payments. Delaware took in only $8.1 billion while paying out $13.7 billion.

New York and Nebraska almost broke even and Rhode Island didn’t do too badly.

On the other hand, the United States might want to consider selling Alaska back to the Russians since the state if not really cost-effective. The federal government poured $14.2 billion into the state and only got back $4.7 billion in revenue. Hawaii is another bad investment, bringing in $6.7 billion, but costing the federal government $24.6 billion. Three other states cost triple what they contribute: Mississippi, New Mexico and West Virginia.

http://www.allgov.com/Top_Stories/ViewNews/5_States_Pay_Their_Own_Way__The_Other_45_are_Subsidized_by_the_Federal_Government_100907

[Doctor_J]

1. Palin is a socialist

not surprisingly

[hfojvt]

2. I don't know if that is fair

it sounds to me like few people are stupid enough to retire in Minnesota. The federal government is still sending retirement checks to Minnsotans, it is just sending them to places like Arizona and New Mexico.

[MineralMan]

3. I'm retiring in Minnesota, and I'm not a stupid man.

It's a great state, and I love fishing. I live in Saint Paul, and I can eat any type of cuisine I want, go to Broadway plays that are here before they're in New York, and enjoy big city life in a house that I could afford. You're very wrong. Minnesota is full of retired people, and they're enjoying their lives here.

I guess we're paying for Alaska and Mississippi. I'm not sure I like that very much.