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This is a table of the total federal tax revenue by state, federal district, and territory collected by the U.S. Internal Revenue Service. 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 ability of the United States government to tax and spend in specific regions has large implications to economic activity and performance. Taxes are indexed to wages and profits and therefore areas of high taxation are correlated with areas of higher per capita income and more economic activity.
In 2022, the federal government spent $6.27 trillion1. Most of the government's revenue comes from taxes collected from individuals and businesses across the U.S. Though taxes are mostly collected ...
Billions of dollars are at stake each year for individual states when lawmakers in Washington D.C. negotiate the following year's federal budget. For 2023, President Biden is calling for a 7% ...
While taxes make up the majority of each state's general funding budget and are the most obvious source of state revenue, state governments also receive sizeable amounts of assistance from 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.
Tax rates vary by state and locality, and may be fixed or graduated. Most rates are the same for all types of income. State and local income taxes are imposed in addition to federal income tax. State income tax is allowed as a deduction in computing federal income, but is capped at $10,000 per household since the passage of the 2017 tax law ...
After New York Governor Andrew Cuomo lambasted the federal government for not helping out his state in these trying times, and in despite of New York's contributions to the federal government, I ...