Study: California Provides Seventh Worst Return on Taxpayers’ Investment

Courtesy of Wallethub.com|

Wallethub.com released its latest analysis of the U.S. tax landscape last week, giving an in-depth look at which states give taxpayers the “Best & Worst Return on Investment.”

California surfaced amongst the best in the nation in some areas, but performed less satisfactorily in others.

WalletHub used 27 metrics to compare the quality and efficiency of state government services across six different categories: Infrastructure, Education, Health, Safety, Economy, and Pollution.

According to the report, California’s placement among other states in taxpayer return on investment is 44th overall. The state ranks 50th in tax rate, 48th in infrastructure, fourth in education, ninth in health, 26th in safety, 44th in economy, and 51st in pollution.

The report also states that California ranks fourth amongst best school systems, but worst in water quality, excluding the eight states where data was not available.

California also ranked near the bottom for home price volatility, finishing 48th. States with the top five lowest home price volatility ratings included Alaska, Iowa, Kentucky, Indiana, and Kansas.

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