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Missouri ranks near the top in the nation for taxpayer return on investment.
WalletHub.com, a personal finance website, ranks Missouri fourth in the nation using 29 key metrics, including total taxes paid per person and overall level of government services received. Following South Dakota in third place, Florida took second place and New Hampshire took the top spot.
Ohio, Texas, Iowa, Wisconsin, Virginia and Nebraska are in the top 10, with New Mexico, Hawaii and California at the bottom of the rankings.
Full report:
Tax Day is approaching on April 15th, and 72% of Americans believe their current tax rates are too high. wallet hub Today, we released a report and expert commentary on the states with the best and worst returns for taxpayers in 2024.
wallet hub Taking into account the widely varying tax rates of citizens in each state, they used 29 indicators to compare the quality and efficiency of state government services across five categories: education, health, safety, economy, and infrastructure and pollution.
ROI for Missouri taxpayers (1=highest, 25=average):
- Fourth – Overall ROI
- 3rd – Total tax per person (population aged 18 and over)
- 26th – Education
- 27th – health
- 16th – economy
See below for the full report.https://wallet hub.com/edu/state-taxpayer-roi-report/3283
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