Tuesday, December 27, 2005

Minnesotans pay more in Federal taxes - and get least benefit

We Minnesotans get the least amount back in paying our taxes than most states. The only state to get less in per-capita spending was Nevada. Nevada is a state without a state income tax - making it the state with the smallest government in America. ( Nevada also boasts the fast-growing and unsustainable Las Vegas )

Minnesotans pay $4409 per-capita in state and local taxes.Minnesota pays the 4th highest Federal taxes per capita in the US - $2,888.63. For every dollar Minnesotans pay in Federal Income Taxes - we get about 76 cents.

Obviously we are propping up neighboring states and then "stealing" their intellectual talent. But nonetheless - I would appreciate a more regional approach to spending tax dollars than what we currently have. We should keep the dollars flowing in a balanced fashion by region. But then Washington D. C might have to cut back.


No comments: