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Friday, September 19, 2008

Federal Taxes paid v. Benefits received

So I am sitting here watching McCain talk about how Obama has requested over $900 Million in federal funds for Illinois. (He did not mention whether this was in 2007, 2008, or over his tenure as a Senator). I will take that figure as about accurate because really I am just concerned with how much states pay and how much they receive in federal money. To this end I visited The Tax Foundation website to check out the 2005 numbers. I can't imagine any of the candidates has had much time to get pork for themselves in 2008. Here are the numbers for the 4 state who have candidates in this presidential election:

Taxes Paid Funds received (in Millions)
Alaska $4,830 $9,230
Arizona $35,988 $44,639
Delaware $6,662 $5,495
Illinois $99,776 $80,778

Alaska received $1.84; Arizona recieved $1.19, Delaware received $.77, and Illinois received $.75 for every dollar sent to Washington. Now that is only 2005, the Foundation does not have more recent numbers yet and I don't have time right now to track down more recent numbers. However, the ratios probably have not changed that much. I will find them when I can or if you have a link, please post. If the ratios are still the same, it is really hard for the candidates from receiver states to call out the candidates from donor states on pork.

It might be interesting to take a look at the Ranks in states for money received per dollar paid in federal taxes. You might notice how Red the top is and how blue the bottom is.