Understanding how State Taxes Compared across the United States is crucial for taxpayers, businesses, and policymakers alike. Each state has its own unique tax system, leading to significant variations in tax burdens and collections. For over eight decades, the Tax Foundation has provided clarity on this complex landscape with its resource, Facts & Figures.
This comprehensive guide offers an in-depth look at state taxes compared across all 50 states, utilizing over 40 different measures. Facts & Figures delves into crucial aspects of state taxation, including:
- Tax Rates: Comparing income tax, sales tax, corporate tax, and property tax rates across states.
- Tax Collections: Analyzing how much revenue each state generates from various tax sources.
- Tax Burdens: Examining the overall tax burden on residents and businesses in each state.
Facts & Figures is more than just raw data; it’s a tool designed to foster informed discussions and sound tax policy. For those seeking interactive visualizations and deeper analysis, the Tax Foundation offers several related resources:
- State Tax Maps: Explore dynamic maps illustrating state tax data and rankings visually.
- State Business Tax Climate Index: Assess state tax systems based on their competitiveness and attractiveness for businesses.
- Tax Foundation Newsletter: Stay up-to-date on the latest tax policy developments and insights from leading experts.
Since 1941, Facts & Figures has been a trusted resource, delivering “concise and accurate data” to state legislators, governors, and the public. This enduring commitment to providing factual, unbiased information makes Facts & Figures an invaluable tool for anyone wanting to understand state taxes compared.
Explore the latest state tax data and discover how your state measures up with the Tax Foundation’s resources. Dive into the data, compare state tax policies, and gain a clearer perspective on the diverse tax landscape of the United States.
