by ChuckExAnon on March 4th, 2009

ChuckExAnon

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There are so-called "Blue States" and "Red States". Which states are in the deepest financial trouble? Can you name them and speculate on the reasons why? Which states tax their citzens the most?

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  • Hey, good question. I'm guessing California is up there. I'd also guess that Michigan, New York, Nevada and Florida are up there too. I'd guess California and New York tax the highest. I know Alaska has the lowest taxes.

    I think that when it comes to why these states are in the red, it's very simple. They spend far more than they collect. Social programs are all well and good, unless you can't afford them.

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