Wednesday, March 06, 2019

Lots of taxes (like GAS TAX) not on this list but a worthy list.-----Where you'll pay the most – and least – on state and local taxes in the US

See the source imageWhere you'll pay the most – and least – on state and local taxes in the US
"While all Americans are generally subject to the same federal tax code, each of the 50 states has broad authority to levy its own sales, income and property taxes – or not.
While every state government relies on taxes to operate, no two state tax structures are exactly the same. 
For example, 

  • four states do not charge a sales tax and 
  • seven states do not levy personal income taxes. 
  • ...13 states derive the largest share of their annual tax revenue from sales taxes and 
  • nine from personal income taxes.

The differences are compounded by the amount states need to collect to function. 
While some states collect as little as $2,800 per capita annually, others collect well over $6,000..."

25. Michigan
• Taxes paid as percentage of income: 9.4 percent
• Income per capita: $46,201 (20th lowest)
• Income tax collections per capita: $937 (24th lowest)
• Property tax collections per capita: $1,382 (25th highest)
• General sales tax collections per capita: $922 (25th highest)

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