Frequent travelers are painfully familiar with the high taxes that many localities and special tax districts levy on rental cars. Many can recall at least one instance when the tax burden rivaled or even exceeded the...
- New Mexico's State and Local Tax Burden
New Mexico's State and Local Tax Burden
For nearly two decades the Tax Foundation has published an estimate of the combined state-local tax burden shouldered by the residents of each of the 50 states. For each state, we calculate the total amount paid by the residents in taxes, then divide those taxes by the state's total income to compute a "tax burden." We make this calculation not only for the most recent year but also for earlier years because tax and income data are revised periodically by government agencies.
The goal is to focus not on the tax collectors but on the taxpayers. That is, we answer the question: What percentage of their income are the residents of this state paying in state and local taxes? We are not trying to answer the question: How much money have state and local governments collected?
More information on state-local tax burdens: Methodology working paper
|Burden Rate||Income per Capita||Taxes Paid to Own State Per Capita||Taxes Paid to Other States Per Capita||Total Taxes Paid Per Capita|
Join the Tax Foundation's fight for sound tax policy Go
Tax Policy Blog
The official weblog of the Tax Foundation.
Related State Articles
- Several States Will Start 2017 with Corporate Tax Reductions
- Lunch Links: Questionable Trump Tax Maneuver to Avoid Debts Cited; Colorado Rebuts Arizona Ads Opposing State's Marijuana Voter Proposition; Left's Opposition to Washington Carbon Tax Criticized; Yale Daily News Endorsement Puts Tax Exemption at Risk
- Lunch Links: House Ways and Means Approves Four Tax Bills; California Assesses Proposition 13; New Mexico Considering Tax Changes; New Fiscal Year Finds Kansas in Debt Already
- 1 of 11
- next ›
Tax By State
For information on your state, select it from the drop-down menu.
Ask a Tax Expert
Contact information for Tax Foundation policy staff Ask