Tax Foundation Forum: Making Sense of Profit Shifting has reached its midpoint. In this halftime report, we provide a synopsis of the first nine of the 18 interviews in the series. This two-part review summarizes the key...
- State and Local Individual Income Tax Collections Per Cap...
State and Local Individual Income Tax Collections Per Capita, Fiscal Year 2008
February 25, 2011
Levied in 44 states, corporate income taxes account for a relatively small share of state revenue—5.2 percent of state tax collections and just over 2 percent of all state revenue, including federal transfers. Top rates range from a low of...
Key Findings 45 states collect statewide sales taxes. 38 states collect local sales taxes. The five states with the highest average combined state-local sales tax rates are Tennessee (9.45 percent), Arkansas (9.26 percent), Alabama (8.91...
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