Californians Pay a Lot of Taxes But Get Relatively Little in Return
Maybe California should change its name to the f - - you, pay me state, because yet another analysis is showing that we put more into our government than we get out of it.
The folks at personal finance website WalletHub took a look at the quality or level of each state's infrastructure, education, health, safety, economy and pollution and decided California was in the bottom 10 states for "return on investment," or ROI, when it comes to the taxes you pay.
Given that L.A. has some of the worst smog as well as some of the roughest roads in America, you're probably not surprised:
The Golden State took the prize, last place, for pollution, according to Wallethub. Our taxes were second to worst. And our infrastructure (that includes roads) came in 49th. Our overall economy ranked 44th.
Surprisingly, the quality of our education system ranked a high fourth, according to the analysis.
Our overall return on investment put us at 44th in the nation, tied with Tennessee, WalletHub says. The site states that last weeks federal tax filing deadline was ...
... a tangible, painful reminder of our investments in federal, state and local governments, but it's difficult to discern the government's precise role in our day-to-day quality of life and overall pursuit of happiness. Perhaps that's why 52% of people feel they pay too much in taxes and most people think roughly half of their tax dollars are being wasted.
By the way, the best place in the country for return on your tax investment, according to the ranking, was Wyoming. But like we've said before when these lists come up, you'd have to live somewhere other than here to take advantage.
And living in California has its benefits (not having to live in Wyoming being one of them).
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