In the Tuesday Wall Street Journal, Professor Alan Blinder wrote of his puzzlement at the very slow growth of productivity in the last three years. There is really no mystery. The rate of growth of investment in...
- Monday Map: State and Local Tax Deductions
Monday Map: State and Local Tax Deductions
Today's Monday Map focuses on the deduction of state and local income or sales taxes from federal taxable income. New York State benefits the most from this deduction - its residents deducted an average of 6.16% of their income in state taxes. Alaska benefits least, having neither an income tax nor a statewide sales tax; the small average of 0.26% most likely comes from local sales taxes.
Click on the map to enlarge it.
View previous Monday Maps here.
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