Key Policy Data

Feb 11, 2015


In the course of collecting taxes and spending money, the federal government inevitably creates “winners” and “losers” across the American landscape. In Fiscal Year (FY) 2013, South Carolina is the fourteenth biggest net receiver of federal spending relative to federal taxes paid.

 

 

 

As shown in Chart 1, South Carolina paid $7,666 per person in federal taxes in FY 2013—this was -29 percent below the national average ($10,722 per person) and ranked as the 6th lowest level in the country.

 

 Chart 1 South Carolina Federal Taxes Per Capita by State Fiscal Year 2013.jpg

 

Federal Taxes by Type in FY 2013:

 

 

  • Corporate Income Tax: The federal corporate income tax paid in South Carolina was $634 per person—this was below the national average of $865 per person by -27 percent and ranked as the 3rd lowest in the country.

 

  • Payroll Tax: The federal payroll tax paid in South Carolina was $2,469 per person—this was below the national average of $2,998 per person by -18 percent and ranked as the 9th lowest in the country.

 

  • Excise Taxes: Federal excise taxes paid in South Carolina was $282 per person—this was above the national average of $266 per person by 6 percent and ranked as the 20th highest in the country.

 

  • Estate and Gift Taxes: Federal estate and gift taxes paid in South Carolina was $34 per person—this was below the national average of $60 per person by -43 percent and ranked as the 22nd lowest in the country.

 

  • Custom Duties: Federal custom duties paid in South Carolina was $83 per person—this was below the national average of $101 per person by -18 percent and ranked as the 3rd lowest in the country.

 

  • Miscellaneous Taxes: Federal miscellaneous taxes paid in South Carolina was $266 per person—this was below the national average of $325 per person by 1-8 percent and ranked as the 3rd lowest in the country.

 

  • Deficit: The federal deficit, which is deferred taxation, accrued in South Carolina was $1,247 per person—this was below the national average of $1,944 per person by -36 percent and ranked as the 4th lowest in the country.

 

On the other hand, as shown in Chart 2, South Carolina received $9,824 per person in federal spending in FY 2013—this was -8 percent below the national average ($10,722 per person) and ranked as the 18th lowest level in the country.

 

 Chart 2 South Carolina Federal Spending Per Capita by State Fiscal Year 2013.jpg

 

Federal Spending by Type in FY 2013:

 

  • Retirement and Disability: Federal retirement and disability payments (for example, Social Security and Medicare) in South Carolina was $3,979 per person—this was above the national average of $3,318 per person by 20 percent and ranked as the 5th highest in the country (see our unique app showing federal pension data).

 

  • Other Direct Payments: Federal other direct payments (for example, the Earned Income Tax Credit) in South Carolina was $1,963 per person—this was below the national average of $2,500 by -21 percent and ranked as the 12th lowest in the country.

 

  • Grants to State and Local Governments: Federal grants to state and local governments (for example, Medicaid) in South Carolina was $1,222 per person—this was below the national average of $1,811 by -33 percent and ranked as the 5th lowest in the country.

 

  • Procurement: Federal procurement (for example, Department of Defense) in South Carolina was $1,167 per person—this was below the national average of $1,337 by -13 percent and ranked as the 22nd highest in the country.

 

 

  • Interest on National Debt: Federal interest paid on the national debt in South Carolina was $497 per person—this was below the national average of $699 by -29 percent and ranked as the 6th lowest in the country.

 

Overall, #SouthCarolina receives $1.28 in #federalspending for every $1.00 sent to Washington, D.C. in #federaltaxes. (Click to Tweet) As shown in Chart 3, South Carolina’s federal tax and spend ratio is the fourteenth highest in the country.

 

 Chart 3 South Carolina Federal Tax and Spending Ratios by State Fiscal Year 2013.jpg

 

Of course, federal taxes paid and federal spending received do not flow evenly throughout the state. As such, we have also calculated the federal tax and spending ratios for every county in South Carolina—though this was based on slightly older FY 2010 data.

 

 

 

The top 10 South Carolina counties with the highest federal tax and spending ratios include:

 

  • Marion County, SC ($3.03)
  • Allendale County, SC ($2.83)
  • Aiken County, SC ($2.74)
  • Marlboro County, SC ($2.49)
  • Williamsburg County, SC ($2.46)
  • Bamberg County, SC ($2.42)
  • Sumter County, SC ($2.18)
  • Hampton County, SC ($2.18)
  • McCormick County, SC ($2.14)
  • Richland County, SC ($2.11)

 

The bottom 10 South Carolina counties with the lowest federal tax and spend ratios include: 

 

  • York County, SC ($0.62)
  • Dorchester County, SC ($0.71)
  • Lexington County, SC ($0.74)
  • Greenville County, SC ($0.80)
  • Saluda County, SC ($0.93)
  • Lancaster County, SC ($0.94)
  • Spartanburg County, SC ($0.95)
  • Kershaw County, SC ($0.97)
  • Anderson County, SC ($1.00)
  • Edgefield County, SC ($1.01)

 

More county detail for South Carolina is shown in the color-coded map below.

 

Note: The data is based on the federal fiscal year that runs from September 1 to October 30.

 

Click here to view our full federal tax and spending data app with details by state, by county, by type of tax and spending, and over time.

 

South Carolina Federal Tax and Spending Ratios by County FY 2010.jpg 

Please share Infographic (right click, "save image as")

 



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