Study: Marylanders get so-so returns on tax investment

By Meg Tully | Maryland Reporter

Marylanders spend within their means and get a decent return on investment when comparing taxes and quality of government services, a personal finance website has found.

Wallethub.com ranked Maryland first in the country for residents with the most sustainable spending habits, and ranked the state at an unremarkable 33rd when it comes to return on investment for state taxpayers.

The rankings list released last week combined overall tax rate with a ranking for government services to determine who had the highest return on investment.

And another list compared states for financial literacy, including a metric that sought to measure how many residents spend more than they make. Maryland had the least number of residents spending more than they take in, that survey found.

at Maryland Reporter.