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  2. State tax levels in the United States - Wikipedia

    en.wikipedia.org/wiki/State_tax_levels_in_the...

    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.

  3. Taxation in California - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_California

    The 2.00 percent local tax rate cap is exceeded in any city with a combined sales tax rate in excess of 9.25% (7.25% statewide tax rate plus the 2.00% tax rate cap). As of July 1, 2022, 140 California local jurisdictions have a combined sales tax rate in excess of the 2.00 percent local tax rate cap: [9] [14]

  4. Federal tax revenue by state - Wikipedia

    en.wikipedia.org/wiki/Federal_tax_revenue_by_state

    Gross Collections indicates the total federal tax revenue collected by the IRS from each U.S. state, the District of Columbia, and Puerto Rico. The figure includes all Individual federal taxes and Corporate Federal Taxes, income taxes, payroll taxes, estate taxes, gift taxes, and excise taxes.

  5. State income tax - Wikipedia

    en.wikipedia.org/wiki/State_income_tax

    State Tax Burdens 2022 % of income. State tax rules vary widely. The tax rate may be fixed for all income levels and taxpayers of a certain type, or it may be graduated. Tax rates may differ for individuals and corporations. Most states conform to federal rules for determining: gross income, timing of recognition of income and deductions,

  6. Is Vehicle Sales Tax Deductible? What You Need To Know - AOL

    www.aol.com/finance/vehicle-sales-tax-deductible...

    The vehicle sales tax is a tax imposed by city and state governments on the purchase of the car. The rate can vary from state to state and in some instances from county to county.

  7. Business mileage reimbursement rate - Wikipedia

    en.wikipedia.org/wiki/Business_mileage...

    The business mileage reimbursement rate is an optional standard mileage rate used in the United States for purposes of computing the allowable business deduction, for Federal income tax purposes under the Internal Revenue Code, at 26 U.S.C. § 162, for the business use of a vehicle. Under the law, the taxpayer for each year is generally ...

  8. Write off your mileage? The IRS expands the deduction for ...

    www.aol.com/write-off-mileage-irs-expands...

    On Dec. 29, the agency announced a bump in the optional standard mileage rate starting Jan. 1, 2023 — which will now be 65.5 cents per mile driven. Taxpayers can use the new rate to calculate ...

  9. Here are 9 states cutting their individual income taxes on Jan. 1

    www.aol.com/9-states-cutting-individual-income...

    Mississippi, which also has a Republican legislature and governor, will reduce its individual income tax rate to 4.4% on Jan. 1, down from 4.7% in 2024.