California ranked 2nd worst on taxpayers’ return on investment

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California finished 49th in a new study by the WalletHub website on whether residents of the 50 states are getting the most bang for the buck for their tax dollars.

The analysis, which noted that the taxpayer return on investment (ROI) is not uniform across the country, assigned each state a rank for total taxes paid per capita and an overall government services rank. From that information, WalletHub ranked each state on how efficient it was in spending state taxpayer revenue.

California was ranked 45th on taxes paid per capita and 37th on the quality of its government services. The government services rank was based on efficiency of public services provided in the areas of health, education, safety, economy, and infrastructure and pollution, according to WalletHub.

Though federal income taxes are consistent nationwide, some states receive more federal funds than others, and COVID-19 financial relief varies sharply among the states, the study concluded.

Tax Dollar Return on Investment, State by State

‘Taxpayer ROI’ Rank (1=Best) State ‘Total Taxes Paid per Capita’ Rank ‘Overall Government Services’ Rank
1 New Hampshire 2 9
2 Florida 1 30
3 South Dakota 6 21
4 Virginia 23 3
5 Missouri 3 38
6 Ohio 12 26
7 Texas 7 35
8 Georgia 9 34
9 Nebraska 24 12
10 Tennessee 4 41
11 Colorado 15 27
12 Kentucky 18 23
13 Iowa 32 8
14 Wisconsin 33 6
15 Indiana 22 18
16 Idaho 19 25
17 Utah 36 7
18 South Carolina 5 46
19 Maine 30 13
20 North Carolina 17 32
21 Montana 20 28
22 Rhode Island 31 16
23 Michigan 21 31
24 Alabama 8 45
25 Illinois 29 22
26 Pennsylvania 27 24
27 Arizona 13 43
28 Wyoming 38 14
29 Maryland 40 10
30 Oklahoma 14 42
31 Washington 39 20
32 Kansas 35 29
33 Minnesota 47 1
34 Alaska 10 48
35 Oregon 28 36
36 Massachusetts 42 11
37 West Virginia 25 39
38 New Jersey 41 15
39 Mississippi 16 47
40 Connecticut 46 5
41 Vermont 48 2
42 Louisiana 11 50
43 Arkansas 34 40
44 New York 43 19
45 Nevada 26 44
46 Delaware 44 17
47 North Dakota 50 4
48 New Mexico 37 49
49 California 45 37
50 Hawaii 49 33

Source: WalletHub.com





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