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Iowans Collected More Federal Benefits Than They Paid In Federal Taxes
By Pat Garofalo posted from ThinkProgress Economy on Jan 3, 2012 at 7:00 pm
http://thinkprogress.org/economy/2012/01/03/397053/iowa-new-hampshire-government-funds/
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.
http://nationalpriorities.org/media/uploads/publications/federal_aid_states/npp-federalaidtothestates-ia-nh.pdf
jwirr
(39,215 posts)unemployment is high. And many of them vote consistently for less government. Go figure.
Quantess
(27,630 posts)(referencing Santorum's quip)
jeff47
(26,549 posts)If it's a "red" state, you can assume it's getting more back than it pays in. Despite the "by their own boostraps" rhetoric of the right.