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Where do states get their money?

October 13, 2009

The nonpartisan Tax Foundation have done a great job pulling together data on tax revenue sources for states, and splitting the income between sales, property and income taxes.

Stateline.org, which reported on the Tax Foundation’s work, presented the data in a nice graphic that allows you to see how different states approach their tax revenue sources.  For instance, Washington relies heavily on “selective” sales taxes from alcohol, tobacco, gasoline and the like while Oregon leans on its residents with higher income taxes.

Kentucky seems to fall in the middle, with its taxes spread across the various sources.

You can read more analysis by Stateline.org’s John Gramlich here or head to the Tax Foundation’s full report.

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One Comment
  1. Ed Marksberry permalink
    October 14, 2009 9:16 am

    If you compare Kentucky to other surrounding states and southern states, you will see a noticeble difference in the “selective” sales tax. I begs the question, should we be more in line with Indiana,Tennesee, Georgia, Florida, Alabama, Mississippi, Lousiana, Arkansas and Texas?

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