What do the residents of each state get in return for the state and local taxes they pay? There are as many answers to that question as there are states, according to WalletHub, a research organization that analyzes public policy and financial issues.
Some states have low tax rates and provide limited services, while others have high tax rates and premium services. But that is not always the case. Ideological differences regarding the role of local taxation have resulted in citizens of each state shouldering dramatically different tax burdens, WalletHub says in its report, 2015’s States with the Best and Worst Taxpayer ROI.
To determine which states provide the best services compared to its tax rates, WalletHub ranked the states in six categories, infrastructure, education, health, safety, economy and pollution.
Taxpayers in these 10 states get the best return on their investment; the state with the best ROI is no. 1. One contributing factor to their ranking is included. WalletHub also ranked the worst 10 states based on tax ROI.
No. 10
Nevada – First for best hospital system