New Report Compares State and Local Government Tax Revenue Sources

October 13, 2009

Four New England states rank in the top 10 most reliant on property taxes, and four Mid-Atlantic states rank in the top 10 most reliant on individual income taxes. These are among the findings of newly released Tax Foundation data on various sources of state and local tax collections for fiscal year 2007, the latest Census data available for both states and localities.

View Tax Foundation Fiscal Fact No. 194, “Where Do State and Local Governments Get Their Tax Revenue?

The report contains five charts, including the property tax table below:

Which Ten States Rely Most on
Property Taxes?

State

Fraction of Tax
Revenue Coming
from Property Taxes

New Hampshire

61.3%

Vermont

42.1%

New Jersey

41.7%

Texas

41.6%

Rhode Island

41.1%

Michigan

39.3%

Connecticut

38.2%

Illinois

37.1%

Florida

36.8%

Wyoming

36.8%

Note: Includes residential and commercial real estate
(mostly local revenue) as well as personal property taxes
on cars, boats, etc. (mostly state revenue).

Source: Tax Foundation calculations based on data
from Census Bureau’s government finance data for
state and local governments during fiscal year 2007.


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