Rhode Island Has the 9th Worst Taxpayer Return on Investment
GoLocalProv Business Team
Rhode Island Has the 9th Worst Taxpayer Return on Investment
Rhode Island is the 9th worst state in America when it comes to taxpayer return on investment.
A new study from WalletHub used 22 metrics to compare the quality and efficiency of state government services across six distinct categories – Infrastructure, Education, Health, Safety, Economy and Pollution – taking into account the drastically different rates at which citizens are taxed in each state.
SEE WHERE RHODE ISLAND RANKS IN EACH CATEGORY IN THE SLIDESHOW BELOW.
Overall, Rhode Island Ranked #42 in the nation when it comes to taxpayer return on investment. This makes it the worst state in New England for ROI. Maine was ranked at #28, Connecticut came in at #33, Massachusetts was #19, Vermont was #13 and New Hampshire was the best in New England, coming in at #8.
When it came to “Roads and Bridges”, Rhode Island ranked in last place. The state also came in 48th for “Tax Rate Rank”, with only Wisconsin and Nebraska ranking worse.
The best state for taxpayer return on investment in the US was Alaska, and the worst was Arkansas.
Check out the interactive map below to see how Rhode Island compares to the rest of the nation.