LANHAM, Md. (WNEW) — Where is $100 not actually $100? In the District of Columbia.
When a D.C. resident spends $100, they get only $84.60 in actual value — the least amount in the country, according to a… 182 more words
By John Dodge
CHICAGO (CBS) — Of all Midwest states, there is only one in which spending $100 doesn’t go as far as it should: Illinois. 203 more words
The Real Value of $100 in Each State
Source: Tax Foundation
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This week’s tax map shows the real value of $100 in each state. Because average prices for similar goods are much higher in California or New York than in Mississippi or South Dakota, the same amount of dollars will buy you comparatively less in the high-price states, or comparatively more in low-price states.
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The Tax Foundation released a map, via Elliot Turner, showing the relative value of $100 in every state compared with the national average using the data from the Bureau of Economic Analysis.
Iowa’s business lobby appears to be preparing a new assault on the ability of our state to provide public services.
It would be the latest in a long campaign, in which lobbyists target one tax at a time under a general — and inaccurate — message about taxes that we will not repeat here. 483 more words