10 MOST POPULOUS CITIES SPLIT BETWEEN RED, BLUE. CAN YOU GUESS WHICH COST MOST?

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Here are the 10, as calculated by Truth in AccountingChicago, New York, Los Angeles, Philadelphia, San JoseSan Diego, Dallas, Houston, San Antonio and Phoenix.

If you live in deep-blue Chicago, your overall tax burden (including public entities like mass transit authorities and pubic schools that big cities typically don’t include in their balance sheets but which taxpayers are still responsible) is $126.360. If you live in bright red Phoenix, your overall tax burden is $11,850. Now, (assuming you aren’t rich) is the quality of life better in the blue cities or the red cities?

10. Chicago (- $45,200)

  • Underlying government entities: -$30,760
  • Illinois: -$50,400
  • Total: -$126,360

9. New York City (-$62,500)

  • New York State: -$20,500
  • Total: -$83,000

8. Los Angeles (-$7,200)

  • Underlying government entities: -$25,206
  • California: -$21,600
  • Total: -$54,006
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7. Philadelphia (-$30,200)

  • Underlying government entities: -$4,090
  • Pennsylvania: -$16,800
  • Total: -$51,090

6. San Jose (-$10,600)

  • Underlying government entities: -$10,810
  • California: -$21,600
  • Total: $43,010

5. San Diego (-$5,400)

  • Underlying government entities: $8,320
  • California: -$21,600
  • Total: -$35,320

4. Dallas (-$21,700)

  • Underlying government entities: $2,070
  • Texas: -$8,600
  • Total: -$32,370

3. Houston (-$12,100)

  • Underlying government entities: -$430
  • Texas: -$8,600
  • Total: -$21,130

2. San Antonio (-$3,000)

  • Underlying government entities: -$3,265
  • Texas: -$8,600
  • Total: -$14,865

1. Phoenix (-$5,300)

  • Underlying government entities: -$3,050
  • Arizona: -$3,500
  • Total: -$11,850

*Data is based on governments’ comprehensive annual financial reports for the 2016 fiscal year.

h/t MT

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