If ROI (return on investment) is applied to taxes, a WalletHub study ranks Florida. third in the nation for the value residents get from the state taxes they pay.
For the analysis, WalletHub says it used 23 metrics to compare the quality and efficiency of state-government services across five categories – education, health, safety, economy, and infrastructure and pollution. It then compared the services to the “drastically” different rates at which citizens are taxed in each state.
The complete report on the U.S. tax landscape, the Best & Worst Taxpayer Return on Investment in 2017, is available online.
In the overall rankings, Florida outshines most other states. It ranks third for overall ROI, and third for “total taxes per capita.” In education, it’s No. 17; for infrastructure and pollution it ranks at No. 21.
In the “overall government services” comparison, Florida ranks at No. 34.
© 2017 Florida Realtors