Posted on 04/10/2006 8:41:56 AM PDT by george76
Total tax per capita ...
Vermont….. 3,600.16
Hawaii….. 3,477.93
South Dakota….. 1,430.46
Total tax ...
California….. 98,434,685
New York….. 50,190,396
South Dakota….. 1,110,035
(Excerpt) Read more at census.gov ...
It might be noted that Alaska is #8, right behind Taxachussetts.
I'd be more interested to see the numbers once normalized to account for areas with a higher cost of living.
Are these income taxes, property taxes, sales taxes, or some combination of all of these?
Alaska and Wyoming get most of their tax revenue from mineral, oil, coal, and gas extraction type fees.
I believe that Alaska still sends a check every year to the citizens from the oil revenue.
What's up with a state like Wyoming having such high state taxes?
Texas and Florida near the top on total tax revenue and near the bottom on per capita.
While (comparing other large states) California and New York are near the top total and per capita.
An interesting supply-side example.
Would need correction for population, of course.
Virginia is #12 and is projecting a $1.5B surplus this fiscal year. AND, the General Assembly is h#ll bent on raising taxes again!
MAINE TAX BURDEN RANKED HIGHEST IN THE NATION
Maine Republican Party points to an honor John Baldacci truly earned
AUGUSTA: Coming off of the news that Maine has earned top honors as the highest-taxed state in the nation according to the Tax Foundation's recent findings, the Maine Republican Party announced its disappointment in Governor Baldacci and majority Democrat efforts to claim meaningful tax-relief for the people of Maine. Maine Republican Party Chairman Randy Bumps made the following statement:
"As Mainers prepare this week for April's dreaded tax-filing deadline this announcement by the Tax Foundation is particularly disheartening, but altogether not surprising. Given that John Baldacci's budget priorities this year called for more borrowing, more spending, and more taxes, it should come as no surprise that Maine ranks Number 1 as the highest-taxed state in the nation. This serves as a reminder to all Mainers that majority Democrats - in power in Augusta for thirty years - are doing nothing to ease the tax burden on the people of Maine. It is unfortunate that the Governor is failing to provide real, meaningful tax-relief which he promised the people of Maine. Governor Baldacci has certainly earned this dubious distinction.”
According to a national news report highlighting the findings of the Tax Foundation, it is said that atop the list of least tax-friendly places is Maine. Its No. 1 ranking results from the great disparity between the fact that it is one of the lowest income states in the country yet has one of the highest rankings in terms of tax collection", said Curtis Dubay, an economist with the Tax Foundation. "Property taxes account for about 40 percent of the overall tax revenue Maine collects, and it has relatively high income tax rates - a top rate of 8.5 percent for all income above $16,950."
The Tax Foundation is nationally recognized organization that educates taxpayers about tax policy and the total tax burden borne by Americans from all levels of government. The Tax Foundation compiles yearly rankings of local and state tax burdens as a percentage of income. Their website can be found here: www.taxfoundation.org.
Alaska COLA is usually in the 15% range. Although, the difference not so great as it was 30 years ago since the rest of the country has inflated a lot, it might not make a lot of difference.
I believe that it is the total tax revenue raised by each state.
It would be a combination of all taxes.
The cost of living and the salary ranges need to be included too.
there is good tax information on the web site
I don't know if the PFD is included, although local taxes are. I wouldn't be surprised if the PFD is included. There is no local income tax and sales tax is spotty, but property tax and Fed income tax are steep, we all believe.
This MUST include royalties and taxes from petroleum and mineral extraction. I read that Wyoming's government is flush with cash from natural gas wells, so this does not reflect what individuals are paying. And of course Alaskans get paid by their government for the privilege of living in the same state as oil reserves a thousand or so miles to the north.
It would be good to see this compared to per capita income. Massachusetts is high up their for taxes per capita, but compared to our income and cost of living, we usually fall in the middle of the pack with Georgia and North Carolina.
Not sure. Wyoming has no state income tax. Maybe they're lumping in the corporate taxes and mineral royalties? ...or averaging in municipal property taxes as well?
I can't see federal taxes included in this number. The average Texan pays more than $1400 in federal taxes.
Delaware is #5 only because so many corporations are incorporated there.
It might be noted that $2 billion of the proposed lease sales in ANWR would be sent directly to Louisiana, so it would not be the case that Alaska is getting near as much as many believe.
Texas ranks #4 in taxes collected and #49 taxes per capita!
Hmmmmm....sounds like the illegals are making contributions (in some way) but are not counted as part of the population ('the capita').
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