Most of us wish we could pay less in taxes. But which states are actually putting that tax money to good use?
WalletHub set out to find the states with the best “return on investment” — considering how much residents pay in taxes and the kind and quality of services their state provides in return.
“Several of the states with the best taxpayer ROI don’t charge any income tax, and residents pay less at tax time while receiving good-quality (though not necessarily the best) government services,” said WalletHub analyst Chip Lupo. “At the same time, while people pay more in states that do charge income tax, they may benefit from better infrastructure, education, safety or public health as a result.”
Continue reading to see which states topped the list — and which received the lowest rankings.
