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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. Economy of Texas - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Texas

    Property taxes are exclusively collected at the local level in the state, and are generally at rates above the national average. [22] As a whole, Texas is a "tax donor state" with Texans receiving back approximately $0.94 per every dollar of federal income taxes collected in 2005. [22]

  4. Sales taxes in the United States - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_the_United...

    The Texas state sales and use tax rate is 6.25% since 1990, but local taxing jurisdictions (cities, counties, transportation authorities, and special purpose districts - which includes "fire control" and "crime control" taxes levied by a city for those specific purposes only, but specifically not including school districts) may also impose ...

  5. Gross receipts tax - Wikipedia

    en.wikipedia.org/wiki/Gross_receipts_tax

    New Mexico - The gross receipts tax rate varies throughout the state from 5.125% to 8.6875% with local option taxes imposed at the city and county levels, added to the statewide base tax rate of 5%. [9] Oregon - Oregon levies a Commercial Activity Tax on businesses with more than $1 million of taxable revenue per year. This tax is equal to $250 ...

  6. Ad valorem tax - Wikipedia

    en.wikipedia.org/wiki/Ad_valorem_tax

    This millage rate is usually expressed as a multiple of 1/1000 of a dollar. Thus the fractional amount of 0.001 will be expressed as 1 mill when expressed as an ad valorem tax millage rate. The tax determined from multiplying the ad valorem assessment times the ad valorem tax rate is typically collected by the tax collector or tax commissioner.

  7. Texas Senate unanimously passes property tax reform bill - AOL

    www.aol.com/texas-senate-unanimously-passes...

    This is after the exemption was increased to $100,000 two years ago, which for many did not offset property tax increases due to higher appraisal rates and local jurisdictions increasing property ...

  8. Texas cattle inventory down for 4th consecutive year; lowest ...

    www.aol.com/texas-cattle-inventory-down-4th...

    Now, the nation’s leading cattle state — with an inventory more than double that of the second-ranking state of Kansas — is seeing its lowest inventory since 1968, dropping to 12 million ...

  9. 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,

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