Submitted by RandolphCarter15 t3_zdipo3 in vermont
norinco-ak47 t1_iz2shc4 wrote
Reply to comment by tripsnoir in Molly Gray is being honored by the Vermont Council on World Affairs for...something? by RandolphCarter15
Vermont is much more than "slightly" dependent on federal dollars.
A bit dated (2016) " Of the $5.7 billion Vermont budget in fiscal year 2016, roughly 35 percent — or $2.13 billion consisted of federal dollars. " (VT Digger)
tripsnoir t1_iz3jhre wrote
That's not how this (givers vs takers) works. All states get a good amount of money from the federal government. For instance, NY State, the biggest "giver" state in terms of tax dollars, has a budget that is around 42% federal dollars (source: https://www.osc.state.ny.us/reports/state-fiscal-year-2022-23-enacted-budget-analysis).
What we're talking about here is states that are "givers" (i.e. they send more money to the federal government in tax dollars than they take in federal receipts) or "takers" (i.e. they receive more federal money than they send in tax dollars).
ETA: here is a more recent article that directly addresses this difference: https://vtdigger.org/2020/05/06/margolis-like-most-states-vermont-gets-back-more-from-u-s-than-it-pays-%EF%BB%BF/
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