3/19/2019 – When it comes to depending on federal support, Utah ranks as the 4th least federally dependent state, according to a study by personal-finance website WalletHub.
The study compared 50 states across three key metrics:
- Return on taxes paid to the federal government
- Federal funding as a share of state revenue and
- Share of federal jobs.
Here’s how Utah ranked in the three categories: (1=Most Dependent, 25+Avg)
- 41st – Return on Taxes Paid to the Federal Government
- 46th – Federal funding as a share of state revenue
- 12th – Share of Federal Jobs
Some factors to consider is that one difference among state economies is the tax burden of the average citizen. The number varies across key factors including; if a state can afford not to tax residents at high rates, some states get more federal government funding than states with harsher tax codes.
Americans have looked at federal assistance programs with growing scrutiny. According to a 2018 Rasmussen report, 61 percent of American adults think there are too many people receiving government financial aid. On the other hand, only 9 percent think not enough people are receiving funds. Wallethub says regardless of overall trends, it’s true that some states receive a far higher return on their federal income-tax contributions than others.