Red, Blue, Taxes, and Education

A week ago, in Makers and Takers, Red and Blue, Federal Tax Deductions and State Taxes, I examined William Baldwin’s list of eight states where he concludes “takers” are driving out the makers and the correlation of the tax rates in those states with their dependence on, or contribution to, federal revenue. I noted:On closer examination, as demonstrated by WalletHub’s 2017’s Most & Least Federally Dependent States, it turns out that the four “red” states in Baldwin’s list – Alaska, Louisiana, Mississippi, and West Virginia – rank among the most federally dependent states, ranking 2, 5, 12, and 23. On the other hand, the four “blue” states on his list – California, Connecticut, Illinois, and New York – rank among the least federally dependent states, ranking 34, 42, 46, and 47. In other words, the “red” states can pull off their “come here, taxes are low, but services are…

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