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20 best states for taxpayer ROI

May 5, 2023
in Accounting
Reading Time: 1 min read
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20 best states for taxpayer ROI
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Complimentary access to top ideas and insights — curated by our editors.

Not all states deliver the same level of value for the citizens’ money, but it can be hard to figure out which are offering the best bargains, as it often comes down to tug-of-war between quality of services, and how much taxpayers have to pay for them.

To compare return of investment for taxpayers between states, WalletHub looked at the quality of government services, including education, health, safety, economy, and infrastructure & pollution, offered in each state, versus the total state and local taxes that residents pay. 

Within these categories, they ranked each state on a descending scale, with 1 being the best (i.e., having the best services, or having the lowest taxes). 

From there, they determined the overall taxpayer ROI ranking by comparing each state’s overall government services score to its score on total taxes paid per capita (with “per capita” including the population aged 18 and older).

Scroll through the ranking to see which states were in the top 20 and how they fared.

Source: WalletHub

Credit: Source link

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