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Originally Posted by saden1
What Schneed10 is correct. In the interest of discloser the reason why I spend time looking at these numbers was not because I have too much time but because some people really do think kicking states like California out of the union is a good idea. I also wanted to see whether Temple was really paying his full bill if all things were equal.
Note that each "state" except for Puerto Rico can self-sustain especially when you factor in state taxes into the picture. Drag Index is a bit incendiary word but I couldn't think of a better word. Obviously each state has something unique to offer the union but let's not kid ourself, the big boys make this nation a super power. I mean Cali has a negative DI but kicking them out of the union would not be wise at all.
Thanks for the suggestion Schneed10. There's lots of numbers (GDP, SS payment, unemployment percentage, factor in corporate tax contribution into the picture, etc) worth looking at to make this analysis more meaningful. It's a working progress.
p.s. I was really surprised by how significant the contributions from Minnesota, Ohio, and D.C. were.
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LOL on the bolded part.
It is very cool what you're doing here, I've never looked at the numbers by state like this.
DC doesn't surprise me so much, the housing within the district is very expensive which of course dictates that those living there need to make a lot of dough to afford it. With the DC area being one of the highest cost of living areas in the nation, the wage index matches, and you get a high per capita income.
But Ohio and especially Minnesota do surprise me. Minnesota's tax paid per capita is through the roof. I wonder if that's because the state is sparsely populated except for the areas surrounding Minneapolis-St. Paul. You might simply have the lion's share of people living around a metropolitan area that has a significant wage index.
Question, how is Federal Aid calculated? Is it welfare payments + disaster relief?