Florida Ranks 3rd In Overal ROI To Residents From State Taxes Paid

An interesting report on the "value" Florida residents get from the state taxes they pay is out, and it is turning some heads.

If Return On Investment (ROI) is applied to taxes, a WalletHub study ranks Florida third in the nation for the value residents get from the state taxes they pay. Keep in mind, Florida residents pay no state income tax, but are pretty fairly taxed on a myriad of services and products.

In a report published by Florida Realtors, the WalletHub analysis used 23 metrics to compare the quality and efficiency of state-government services across five categories:

-- education
-- health
-- safety
-- economy, and
-- infrastructure and pollution.

It then compared the services to the "drastically" different rates at which citizens are taxed in each state. The complete WalletHub report on the U.S. tax landscape, the Best & Worst Taxpayer Return on Investment in 2017, is available online.

In the overall rankings, I am proud to report that Florida outshines most other states. Florida ranks third for overall ROI, and third for "total taxes per capita." In education, it's Number 17; for infrastructure and pollution it ranks at Number 21.

In the "overall government services" comparison, Florida ranks at No. 34