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Montana has a relatively low tax burden with a property tax rate of 0.69%, no estate tax, and a 33.75 cent gas tax. Montana collects $5,065 in state and local tax collections per capita.
However, the Association of Washington Cities, which represents nearly all 281 cities and towns across the state, says the 1% limit on annual property tax increases is to blame, not spending.
Composition of state and local tax revenues by sales taxes (brown), property taxes (white), licenses and other fees (grey), individual and corporate income taxes (green) in 2007. Determining the value of property is a critical aspect of property taxation, as such value determines the amount of tax due.
An assessor's parcel number, or APN, is a number assigned to parcels of real property by the tax assessor of a particular jurisdiction for purposes of identification and record-keeping. The assigned number is unique within the particular jurisdiction, and may conform to certain formatting standards that convey basic identifying information such ...
Median household income and taxes State Tax Burdens 2022 % of income. 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.
A Nov. 2024 report from the state Washington State Department of Revenue on a potential wealth tax noted, “Even with updated income, forecasts, and other data points, the fiscal model cannot ...
Washington: $24,551: $16,688: ... a US Supreme Court case held that an income tax on income derived from property was in the same category as a direct tax on property
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