California
TIA Data 2022 Financial State of California (Released 10/11/2023) Use Create Your Own State Chart to see additional financial, demographic and economic data for this and other states
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"Another scorecard ranked California one of the worst states financially. Truth in Accounting’s 14th annual Financial State of the States report scored California 42nd among the 50 states. A least it wasn’t No. 50 New Jersey, No. 49 Connecticut, No. 48 Illinois or No. 47 Massachusetts. Note all these states soak families and businesses with high taxes and spend too much.
Truth in Accounting is a nonprofit that analyzes the financial data from the states, 75 largest cities and the federal government.
It’s state report is “a comprehensive analysis of the fiscal health of all 50 states based on fiscal year 2022 annual comprehensive financial reports.”