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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.
New Hampshire – no individual income tax. The state taxes dividends and interest at 3% in 2024. The former 5% tax was decreasing by 1% each year, but a 2023 law accelerated the repeal to the start of 2025. [15] For large businesses, the 0.55% Business Enterprise Tax is essentially an income tax. The state also has a 7.5% (2024) Business ...
Employers are subject to unemployment taxes by the federal [69] and all state governments. The tax is a percentage of taxable wages [70] with a cap. The tax rate and cap vary by jurisdiction and by employer's industry and experience rating. For 2009, the typical maximum tax per employee was under $1,000. [71]
The three U.S. states with the highest GDPs were California ($3.987 trillion), Texas ($2.664 trillion), and New York ($2.226 trillion). The three U.S. states with the lowest GDPs were Vermont ($44.4 billion), Wyoming ($51.4 billion), and Alaska ($69.2 billion). GDP per capita also varied widely throughout the United States in 2024, with New ...
Data in the 2010 columns comes from Health Data. [11] Overall, life expectancy at birth in Hawaii, Washington, California, and New Yorkare among the longest in the nation, while life expectancy at birth in Mississippi, American Samoa, and West Virginiaare among the shortest in the nation.
The 2004 United States Senate election in Illinois was held on November 2, 2004. Incumbent Republican Senator Peter Fitzgerald decided to retire after one term. The Democratic and Republican primary elections were held in March, which included a total of 15 candidates who combined to spend a record total of over $60 million seeking the open seat .
Many Illinois residents and businesses will be filing their state income taxes this April along with their federal returns. Those expecting a refund from the Illinois Department of Revenue may ...
Between 2011 and 2014 the Illinois state income tax rate was 5 percent. [58] On January 1, 2015, the tax rate was reduced from 5 percent to 3.75 percent, creating a shortfall in revenue of $2.7 billion starting FY 2015. [59] Madigan has said that he would rather increase income taxes than sales taxes. [60]