If you’ve spent ten minutes in New Jersey, you’ve heard people complain about taxes. It’s been much the same everywhere I’ve lived. The damn government’s too big and too much of my check goes for things I don’t want.
Well, I took it into my head to look at New Jersey and find out what the actual price of government is. The total of the 2005 budget was $27.4 billion dollars. That’s a chunk of change! But is it “too much”?
Through data collected by the US Census Bureau and several state governments, I came up with these figures.
With a $27.4 billion budget and 8,698,879 people, New Jersey spends $3,149.83 per person. With a per capita income of $38,383, that means each resident of New Jersey pays an income rate of 8.2%. Honestly, that isn’t bad. The problem is that quite a large number of those residents are kids and don’t pay taxes for themselves. Nor are the taxes paid equally by everyone. However, there are no reasons to believe that there is a much higher percentage of non-tax paying residents in any given state. In other words, all other things being equal, it allows a bit of comparison.