Tuesday, December 13, 2016

How Federal Taxes Really work in Red vs. Blue States

The smaller number = more dependent upon Fed. Gov't funds. Cr: Wallet Hub
We just got an interesting education about how federal taxes work and which states take the MOST Federal taxes in red (Republican) vs. blue (Democratic) states. 

Based on data compiled by the
Pew Charitable Trust  in 2016 Red states that want "less gov't" are reaping double the benefits from the gov't than Blue states.
That's because blue states tend to be more educated, higher wages, better off economically and have more healthy people.
  So, by the pres.elect cutting taxes, the Red states will suffer the most (they basically voted for their own financial hardship/pain).

The study found that 10 states that receive less than a dollar back for every dollar they send to Washington: Delaware, Minnesota, Nebraska, New Jersey, Connecticut, Illinois, Ohio, Massachusetts, New York and Rhode Island. 

And here are the states that get more than $2 back for every $1 in taxes paid: Mississippi, New Mexico, West Virginia, Hawaii, South Carolina, Alabama, Maine, Montana, Alaska, Virginia, Arizona, Idaho, Kentucky and Vermont. 

The study basically says that the Democratic-voting states are SUPPORTING the poor Republican-voting states. Red state voters may talk a good game about small government and low taxes, but in reality they are socialist moochers.

ALL OF THESE SOURCES CONCUR - Red States take 2 times more fed. gov't fund than Blue states: 
Link to Original Washington Post Story: https://www.washingtonpost.com/ 
Business Insider (2015): http://www.businessinsider.com/red-states-more-dependent-on-federal-government-2015-7
Wallet Hub https://wallethub.com/edu/states-most-least-dependent-on-the-federal-government/2700/ 
PoliticsUSA.com: http://www.politicususa.com/2015/01/15/7-biggest-deadbeat-states-federal-tax-dollars-voted-republican.html
The Atlantic: http://www.theatlantic.com/business/archive/2014/05/which-states-are-givers-and-which-are-takers/361668/ 
SLATE.com: http://www.slate.com/blogs/the_reckoning/2012/10/25/blue_state_red_face_guess_who_benefits_more_from_your_taxes.html

Source: WalletHub

Gift/Memorial Suggestions

Several of our friends have lost loved ones (human and pets) and we found that one of the best ways to honor their memory is to give to an animal charity.
What better way to recognize a life of love, than by giving another life a chance for love?
We donate to many animal rescues, but because we volunteer with
DC Weimaraner Rescue and Coast-to-Coast Dachshund Rescue, those are our 2 favorites.
Consider giving the chance of life to a dog or cat.

About us

We're two married guys who enjoy the simple things in life, especially our dogs. We volunteer for dog rescues, enjoy splitting dinners, exercising, blogging, helping friends and neighbors, ghost investigations, coffee and tea, Tudor history, weather, superheroes, comic books, mystery novels, traveling, 70s and 80s music, classic country, piano, gardening, writing books on ghosts and spirits, architecture, keeping a clean house, cooking simply, and keeping in shape. You'll find tidbits of all of these things on this blog and more.

Tom and Rob Thinking Hard!

Tom and Rob Thinking Hard!
Wondering what home project to do next