State Tax and Spending Report Bill
Official: Payer State Transparency Act of 2025
This bill aims to provide clear information on how federal taxes and spending impact each state. It helps people understand the financial relationship between their state and the federal government.
1. This bill requires the government to calculate federal taxes paid by each state annually. 2. It also calculates the total federal money each state receives each year. 3. The report will show how much federal tax burden and spending affects each state. 4. The findings will be published on a public website for everyone to access. 5. Congress will receive a report every year detailing these calculations.
Residents and businesses in each state will see how much they contribute in taxes and what they receive in federal funding.