Friday, January 9, 2015

JMG MAP: Federal Aid By State



 
Via the Washington Post:
Nearly $1 in $3 in state revenue comes from the federal government, according to a new analysis. While taxes are responsible for most state general revenues, the federal government is responsible for about 31.5 percent of the total, according to the nonprofit Tax Foundation. Mississippi is most reliant on the federal government, with 45.3 percent of general revenue in the most recently available fiscal year coming from the feds. Oil-rich Alaska‚ whose revenue is highly volatile, is least reliant on the federal government. The Tax Foundation’s analysis is based on a simple calculation of Census state revenue data published last month. The Census data offer a detailed breakdown of revenue sources for each state, so the Tax Foundation simply divided the “intergovernmental revenue” each state received from the federal government by the state’s “general revenue” total.

Reposted from Joe Jervis

No comments:

Copyright 2011 by Daniel C. Orey All rights reserved. No part of this website may be reproduced or utilized in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without permission in writing from the author.