An interesting tidbit from the Atlantic shows why poor states in the US don't drag down the entire US economy the way that poor countries in the European Union do. Basically, states like New York, New Jersey, Connecticut, Illinois, and California get back about $0.75 per dollar they pay to the federal government in taxes, whereas states like Kansas, Tennessee and Missouri (probably Alabama, Mississippi and Georiga as well) get back anywhere from $1.10-1.30 for every dollar they pay in federal
taxes. Basically, Tennessee is the Greece of the United States.
[The Atlantic]
11 May 2012
you're welcome.
Labels:
bail out,
economy,
europe,
new york,
poor people,
taxes,
tennessee,
united states
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2 comments:
i want to know why alabama got left off this list.
Don't be jEaLlY!!!
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