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Home Front: Politix

Nearly $1 in $3 in state revenue comes from FedGov

2015-01-11

I see this news as a double edged sword. For years state governments have complained that the federal government was issuing unfunded mandates for various issues. Dunno if things are getting better as regards to those mandates, but they are not getting better as to the power the federal government is imposing on local governments.

For all the talk of 'states rights' and '10th amendment', the states continue to forget the golden rule: he who has the gold makes the rules. Or maybe they're not forgetting so much as trying to con us ordinary schmoes...

Nearly $1 in $3 in state revenue comes from the federal government, according to a new analysis.

While taxes are responsible for most state general revenues, the federal government is responsible for about 31.5 percent of the total, according to the nonprofit Tax Foundation.

Mississippi is most reliant on the federal government, with 45.3 percent of general revenue in the most recently available fiscal year coming from the feds. Oil-rich Alaska‚ whose revenue is highly volatile, is least reliant on the federal government.

The Tax Foundation’s analysis is based on a simple calculation of Census state revenue data published last month. The Census data offer a detailed breakdown of revenue sources for each state, so the Tax Foundation simply divided the “intergovernmental revenue” each state received from the federal government by the state’s “general revenue” total.
More at the link

Posted by:badanov

#1 Take the king's shilling, do the king's bidding.

Posted by: no mo uro 2015-01-11 05:46

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