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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Facts vs. Fiction Posted by CC in OC on July 04, 2009 at 8:31 AM In Reply to: Re: Will you pay for all the cool tools? posted by Bill H on July 04, 2009 at 6:34 AM As of May of 2009, the highest rate of state income tax is that of Hawaii, with a maximum rate of 11%. Of those states that impose an income tax, the lowest maximum rate is that of Illinois, which levies a flat tax of 3%. Most states have a progressive income tax, where the rate rises as an income gets larger. In California, for instance, the rate for a single person begins at 1% at $6,622 in income and rises to 9.3% over $44,814. In 2005, California added a mental health tax of 1% on incomes greater than $1 million, making the marginal income tax rate in that state 10.3% at the extreme income ranges. Source: Wikipedia States with the highest sales tax (when you include weighted averages for county and city rates) are: Tennessee (9.4%), Louisiana (8.7%), Washington (8.5%), New York (8.25%), Arkansas (8.2%), Alabama (8.15%), Oklahoma (8.1%), and California (8.0%). Source: Wikipedia Here's a chart of the states' property taxes. As you can see, California is not the highest. New Jersey holds that distinction. http://tinyurl.com/ysk8on Follow Ups: Some over cities over 10%! Lowest CA Sales Tax is 8.75% 3:58 PM, 07/06/09 (0) Re: Facts vs. Fiction Bill H 9:07 AM, 07/04/09 (0) Post a Followup: Name : E-Mail : Subject : Comments: : As of May of 2009, the highest rate of state income tax is that of Hawaii, with a maximum rate of 11%. Of those states that impose an income tax, the lowest maximum rate is that of Illinois, which levies a flat tax of 3%. Most states have a progressive income tax, where the rate rises as an income gets larger. In California, for instance, the rate for a single person begins at 1% at $6,622 in income and rises to 9.3% over $44,814. In 2005, California added a mental health tax of 1% on incomes greater than $1 million, making the marginal income tax rate in that state 10.3% at the extreme income ranges. Source: Wikipedia : States with the highest sales tax (when you include weighted averages for county and city rates) are: Tennessee (9.4%), Louisiana (8.7%), Washington (8.5%), New York (8.25%), Arkansas (8.2%), Alabama (8.15%), Oklahoma (8.1%), and California (8.0%). Source: Wikipedia : Here's a chart of the states' property taxes. As you can see, California is not the highest. New Jersey holds that distinction. : http://tinyurl.com/ysk8on [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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