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For 18 consecutive years 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, and we divide those taxes by the total income in each state to compute a "tax burden" measure. In 2008, the residents of three states stand above the rest, paying the highest state-local tax burdens in the nation: New Jersey, New York and Connecticut. They are the only three states where taxpayers give up more than 11% of their income in state-local taxes. Alaskans pay the least, 6.4% in 2008, but Nevada is close at 6.6%. In four states - Wyoming, Florida, New Hampshire and South Dakota - the residents pay between 7% and 8% of their income in state-l...
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In this Issue:
Honey, I Shrunk the Dormancy Periods! By Hollis L. Hyans and Amy F. Nogid
No Solicitation: Sales Tax Nexus, the Amazon Law, and the...
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In this Issue:
Honey, I Shrunk the Dormancy Periods! By Hollis L. Hyans and Amy F. Nogid No Solicitation: Sales Tax Nexus, the Amazon Law, and th...
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SALT Top Stories of 2010
While the "Great Recession" may have been declared over by the powers that be, the tepid recovery in 2010 did not help stat...
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Local governments already have a lot of taxing authority. They can levy sales taxes, parcel taxes, utility taxes, create assessment districts and charge business license fees, among others. There are also, of course, property taxes.
It takes a two-thirds majority of local voters to originate or raise almost any of these levies. In short, Californians get no new local taxes unless a preponderance of local residents wants them. In many cases, local increases pass easily. Just this spring, eight out of 13 school parcel tax proposals passed.
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Breaking state and local tax developments from Grant Thornton LLP
Tennessee and Pennsylvania Courts Hold Hotel Taxes Do Not Apply to Retail Rate Cha...
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Breaking state and local tax developments from Grant Thornton LLP
Tennessee and Pennsylvania Courts Hold Hotel Taxes Do Not Apply to Retail Rate Ch...
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In 2008, Pennsylvania lawmakers passed Act 32, the Local Tax Enabling Act, which reformed and standardized local tax collection. Although passed three years ago, the new withholding requirements do not become effective until Jan. 1, 2012.
The new law applies to all Pennsylvania resident employees and every Pennsylvania employer with employees in Pennsylvania. It affects political subdivisions outside Philadelphia and Allegheny County - in other words, most of the state.