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Indiana has a 7% state sales tax. [111] The tax rate was raised from 6% on April 1, 2008, to offset the loss of revenue from the statewide property tax reform, which is expected to significantly lower property taxes. Previous to this it was 5 percent from 1983 to 2002. It was 6 percent from 2002 to 2008. The rate currently stands at 7 percent.
In 1740, Franklin also founded the University of Pennsylvania in Philadelphia. The university, one of nine colonial colleges, was the first college established in Pennsylvania and one of the first in the nation. Today, it is an Ivy League university, which is routinely ranked among the world's best universities. [49]
Nashville, often known as Music City, [9] is the capital and most populous city in the U.S. state of Tennessee and the county seat of Davidson County.Located in Middle Tennessee, it had a population of 689,447 at the 2020 U.S. census.
The top three sources of tax revenue are statedcrores goods and services tax (GST) (₹23,809 crore), sales tax/value added tax (VAT) (₹20,808 crores), and state excise (₹14,703 crores). [208] The government earned a revenue of ₹7,345 crore from 2.574 million transactions for registration services.
It is a state-level tax, but 100% of the revenue is used to fund Local Councils. The rate is set by the Local Council within the limits of 0.1–2.5%. It is one of the most important sources of funding for municipalities. [368] The Land Value Tax is levied on the value of the land only with improvements and buildings not considered.
As of 2017 Chicago had the highest state and local sales tax rate for a U.S. city with a populations above 200,000, at 10.250%. [188] The state of Illinois has the second highest rate of real estate tax: 2.31%, which is second only to New Jersey at 2.44%. [189] Toll roads are a de facto user tax on the citizens and visitors to the state of ...
In 2005, Singh government introduced the value-added tax, replacing the sales tax. India was able to resist the worst effects of the global economic crisis of 2008. [277] [278] Singh's government continued the Golden Quadrilateral, the Indian highway modernisation program that was initiated by Vajpayee's government. [279]
Cincinnati (/ ˌ s ɪ n s ɪ ˈ n æ t i / ⓘ SIN-sih-NAT-ee; nicknamed Cincy) is a city in and the county seat of Hamilton County, Ohio, United States. [10] Settled by Europeans in 1788, the city is located on the northern side of the confluence of the Licking and Ohio rivers, the latter of which marks the state line with Kentucky.