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A few of these states have tried another approach by pre-determining the tax liability owed by every taxpayer by a tax table based on the individual's adjusted gross income. For example, a Michigan taxpayer with $45,000 of income can use the state's use tax table [7] to estimate his use tax liability as $36. However, use of this table is ...
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It is often referred to as Washington state to distinguish it from the national capital, both named after George Washington (the first U.S. president). Washington borders the Pacific Ocean to the west, Oregon to the south, Idaho to the east, and shares an international border with the Canadian province of British Columbia to the north.
This trend led to the introduction of alternatives to the property tax (such as income and sales taxes) at the state level. [16] Property taxes remained a major source of government revenue below the state level. Hard times during the Great Depression led to high delinquency rates and reduced property tax revenues. [68]
Property tax was the first tax levied in the state of Washington, and its collection accounts for about 30% of Washington's total state and local revenue. It continues to be the most important revenue source for public schools , fire protection, libraries , parks and recreation, and other special-purpose districts.
Cut the state motor vehicle excise tax (the yearly car tabs) from a percentage of the value to a flat $30 and required voter approval for all tax increases. [132] Passed with 56%: Declared unconstitutional I-722: 2000: Limit property tax increases to 2% per year and nullify certain 1999 tax increases. [133] Passed with 56%: Declared ...
The right of a creditor to reach community property in satisfaction of a debt or other obligation incurred by one or both of the spouses also varies from state to state. [citation needed] Community property has certain federal tax implications, which the Internal Revenue Service discusses in its Publication 555. [20]