This is April 15th, Tax Day, the last day to file your federal and state income taxes, or file for an extension. The personal finance website WalletHub conducted a study to see which states had the best and worst taxpayer return on investment, or ROI. Chip Lupo is a writer and analyst with the organization. He explains how the list was compiled.
“We evaluated each state by comparing they quality of the government services that residents receive through their tax dollars, against the total amount state and local taxes paid per capita,” according to Lupo. “So, we analyzed five key service categories…education, health, safety, economy, infrastructure, and pollution.”
Lupo said those broad categories were broken down into smaller areas including hospital performance, crime rates, income levels, the quality of schools, roads, and water, and other essential services. Overall, Georgia ranked highly.
“Georgia is an interesting case study here,” Lupo said. “Now Georgia ranked sixth overall in taxpayer return on investment, which is a very, very good number among the 50 states.”
Lupo said the state needs improvement when it comes to government services provided to residents, coming in at number 33 among the 50 states.
