Re: I found a better souce at the Pew Trust for 2014 CA got back only 96 cents on the Dollar in Federal taxes we pay.....
Author: BOB2
Date: 02-08-2017 - 13:32
Observer,
I always like to double check my work....and the quality of my sources.
So, in the name of accuracy, and because I didn't like the quality of my original sources of data, I found a more recent, complete, and reliable source, on Federal taxes and expenditures by state, and a spreadsheet for 2014 from the Pew Trust.
In 2014 the Federal government recieved tax revenue from CA of 369 billion dollars and Federal expenditures to CA that year were 355 billion dollars. Which means we only get 96 cents back on each dollar we send to Washington. Which is a little better, since we were only "short changed" about 14 billion per year as of 2014.