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 Accounting: Chicago, New York, Los Angeles, Philadelphia, San Jose, San 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?

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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

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

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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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