Debt/GDP of the 50 states within the USA and insights
I found a better website. Your site was too user-hostile, and it
didn't provide the info in a convenient manner.
Please look at:
Here are comments and questions that I have:
1. Massachusetts - surprisingly, is the most indebted state in the
2. In general, many blue states have very high debts/GDP, and many
red states have very low debts/GDP levels.
3. However, some of the information here implies that the red-states,
such as Mississippi, do not tax their citizens fairly (that is, fairly
relative to New Englanders). You see, for every $1.00 that a
Mississippian pays in taxes, they consume $2.02 in tax dollars. This
can be found on Wiki. This implies to me that Mississippi should
increase their tax rates, and Massachusetts should lower its tax
rates, since Massachusett's tax dollars are subsidizing poorer states
An idea to have more fairly reflected state debts is this: States
that pay a net outflow of tax (i.e. NOT tax consumers like
Mississippi), should have extra money flow back into their treasury to
pay off their debts. Alternatively, their state debts should be paid
off first before they subsidize the lives of Mississippians.
4. California's debt is not that terribly bad. It's actually *LESS
THAN THE NATIONAL AVERAGE*! (6.45% is less than 6.98%!).
5. The term "Taxachusetts" is *NOT* accurate to describe
Massachusetts, which actually pays slightly *LESS* Than the national
- posted 10 years ago