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Fiscal Year 2015. This table lists the tax revenue collected from each state, plus the District of Columbia and the territory of Puerto Rico by the IRS in fiscal year 2015, which ran from October 1, 2014, through September 30, 2015. The gross collections total only reflects the revenue collected from the categories listed in the table, and not ...
Texas is one of only 7 states not to have a state income tax. The state sales tax rate, 6.25%, is above the national medium, with localities adding up to 2% (8.25% total). Texas does have a "back to school" sales tax holiday once a year (generally around the first weekend in August) on clothing and footwear under $100.
The main question behind this issue stems into three different approaches. First, federal spending should be neutral, meaning federal taxation should roughly equal expenditures. Second, it should be redistributive, meaning rich states should be taxed most heavily and poorer states should receive more benefits.
No State Income Tax. Texas. No State Income Tax. Utah. 4.85%. Vermont. 3.35% to 8.75%. Virginia. 2% to 5.75%. ... With flat tax rates, you pay the same tax rate no matter how much income you have.
Is there a free way to file taxes in Texas? The IRS offers two free options for individuals to file their taxes. One is Guided Tax Preparation filing which is free to taxpayers who made $73,000 or ...
State Taxes. The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [1] [2] Proceeds from the tax partly support the Highway Trust Fund. The federal tax was last raised on October 1, 1993, and is not indexed to inflation, which increased 111% from Oct. 1993 until Dec. 2023.
'You pay a lot of tax, but you get so much back': This Texas native says she's 'much happier' now living in Copenhagen than she was in Dallas — here's why cost of living isn't everything Sabina ...
The primary duties of the comptroller's office are to collect substantially all tax revenue owed to the State of Texas (this involves more than 60 different types of taxes from the sales tax-- the largest source of the state's tax revenue, since Texas does not have a personal income tax-- to minor items such as the "battery sales fee" -- a $2 ...
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