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State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly. This table includes the per capita tax collected at the state level.
Arizona's Meteor Crater is a tourist attraction. The Economy of Arizona had a total gross state product of $373 billion in 2020. [1] The composition of the state's economy is moderately diverse; although health care, transportation and the government remain the largest sectors. The state's per capita income is $40,828, ranking 39th in the U.S.
State income tax is imposed at a fixed or graduated rate on taxable income of individuals, corporations, and certain estates and trusts. These tax rates vary by state and by entity type. Taxable income conforms closely to federal taxable income in most states with limited modifications. [2]
State. Tax Rate Range. Income Range for Tax Brackets. Alabama. 3 Brackets: 2% to 5%. $500 to $3,001. Arkansas. 5 Brackets: 2% to 4.9%. $5,100 to $87,000. California
Here’s what you need to know about state income tax rates, ... Take Arizona, for example, which has tax brackets at an exacting 2.59 percent, 2.88 percent, 3.36 percent, 4.24 percent and 4.54 ...
The $1.9 billion in tax cuts will be phased in when revenue targets are met, starting at $1.3 billion this year. When fully phased in, the plan would lower tax rates for most taxpayers to 2.5% ...
en.wikipedia.org
Fiscal Year 2019. 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 2019, which ran from October 1, 2018, through September 30, 2019.
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