Washington ranks 26th highest nationally in state and local taxes as a percentage of personal income and 32nd highest in property taxes, according to newly released federal data covering Fiscal Year 2007.
It ranks 15th in state and local taxes on a per capita basis at $4,269, which is $35 more than the national average of $4,234. Washington ranks 27th per capita in property taxes at $1,143, $129 less than the national average of $1,272.
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Oct. 22, 2009 at 11:21am State touts tax rankingThe FY2007 figures do not reflect the current downturn in the economy, which largely won't show up until the Fiscal Year 2009 information is available for all states. The state Department of Revenue's annual report "Comparative State/Local Taxes" is based on data published by the Census Bureau and Bureau of Economic Analysis. The full report is available online. Plenty more in the Archives The comments function of the Business Examiner community is meant to encourage conversations and spark ideas about business issues in the South Sound. The feature is free and open to members of the public who register basic log in information. Comments should be concise, on topic and avoid attacks, profanity or abusive language or content. Comments that are deemed to violate this policy will be removed. |
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