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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Facts vs. Fiction Posted by Bill H on July 04, 2009 at 9:07 AM In Reply to: Facts vs. Fiction posted by CC in OC on July 04, 2009 at 8:31 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 Thanks CC in OC. I figured if I posted that you would go dig up some sort of statistics. As Will Rogers said, "All I know is what I read in the Newspapers." And; I might add, "See on TV." Keep Digging, maybe you will find gold or oil. Good luck, Bill H Follow Ups: 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 : : Thanks CC in OC. : I figured if I posted that you would go dig up some sort of statistics. As Will Rogers said, "All I know is what I read in the Newspapers." And; I might add, "See on TV." : Keep Digging, maybe you will find gold or oil. : Good luck, : Bill H [ 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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