There has been considerable discussion about the corporate tax system in the U.S. and the IRS’s global reach in the media over the past year. The rash of corporate inversions was the catalyst for the public discussion of...
- Monday Map: Federal Aid as a Percentage of State General ...
Monday Map: Federal Aid as a Percentage of State General Revenue
This week, our Monday Map illustrates what percentage of a state's general revenue is made up of federal aid. Mississippi relies more heavily on federal assistance than other states, with 49% of its total general revenue coming from federal aid. Close behind are Louisiana at 46.5% and Arizona at 45.7%. On the other end of the spectrum, Alaska relies on federal aid for only 24% of its general revenue, followed closely by Delaware at 25.9% and North Dakota at 26%.
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