Friday, March 28, 2014

New Jersey's Bang for the Buck

Depending on how you look at it, New Jersey is either fiercely independent or getting ripped off by the federal government. A new analysis from the site Wallet Hub shows that our state gets back just 88 cents for every dollar it pays to the federal government, which is tenth from the bottom on the list of all 50 states. The absolute lowest state, Delaware, gets back just 50 cents on the dollar.

We're even lower in the number of federal employees per capita, ranking sixth on that scale. Connecticut is at the top of that list, while Hawaii, surprisingly enough, boasts the highest percentage of federal employees (outside of the District of Columbia).

Which state gets the most of its money back from the federal government? That would be South Carolina, which gets a whopping $7.87 for every dollar it sends to Washington.

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