Despite the common assumption that larger states like California or Texas would be the most self-sufficient if they operated independently, Massachusetts has shown surprising indicators of self-sufficiency. With a low unemployment rate of 3%, a flat income tax of 5%, and a high retention rate of university graduates, Massachusetts demonstrates a robust local economy. Its significant $5 billion budget surplus in 2024 further solidifies its potential for operating autonomously, alongside a 2.4% growth rate in their key sectors of biotechnology and education, making them strong contenders for self-sustainability.
Massachusetts stands out due to its strong economy, with a 5% flat income tax, a low unemployment rate, and a remarkable education system that retains graduates.
The state's impressive 2024 budget surplus of $5 billion and 2.4% GDP growth in biotech and education signify its potential for self-sufficiency if it were to operate independently.
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