How Federally Dependent is New York State

With the current tax rates, how much does New York lean on Uncle Sam?

If a state can afford to not tax it's residents at high rates, the economy could be doing well, or the state gets disproportionately more funding from the federal government than states with harsher tax codes.

In order to determine which states depend on federal support the most and least, Wallethub comapred all the states across three key metrics: return on taxes paid to the federal government; federal funding as a share of state revenue; and share of federal jobs.

Federal Dependency in New York:

43rd - Return on Taxes Paid to the Federal Government
22nd - Federal Funding as a Share of State Revenue
43rd - Share of Federal Jobs

You can view the full report at Wallethub's webiste.

Listen to Smitty in the Afternoon weekdays from 2PM to 7PM on 101.5 WPDH. Stream us live through the website, Alexa-enabled device, Google Home or the WPDH mobile app.