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Learn about the different types, rates, and exemptions of sales taxes in the 50 states and the District of Columbia. Find out how sales tax is calculated, collected, and administered by the states and local governments.
Learn about the second largest economy in the US by GDP, with $2.6 trillion in 2023 and $86,431 per capita. Find out the history, industries, and statistics of Texas, including its Fortune 500 companies and exports.
Learn about the different types and levels of taxes imposed by the federal, state, and local governments in the U.S. Find out how taxes affect income, spending, and inequality in the country.
Compare the per capita tax collections and tax burdens of different states in the US. See how states use various taxes, such as sales, income, property, and license taxes, to fund their services and programs.
Learn how the US federal income tax system is progressive, with higher rates for higher incomes, and how it has changed over time. See data on tax shares by income group, tax rates by income percentile, and wealth distribution.
Payroll tax is a tax imposed on employers or employees based on their salaries. Learn about the different types, rates, and deductions of payroll tax in various countries, such as Australia, Austria, Bermuda, Brazil, Canada, China, Croatia, and more.
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When the top ordinary tax rates were increased by the 1990 and 1993 budget acts, an alternative tax rate of 28 percent was provided. [69] Effective tax rates exceeded 28 percent for many high-income taxpayers, however, because of interactions with other tax provisions. [69]