This is a cache of https://digg.com/data-viz/link/biggest-source-tax-revenue-by-state-us. It is a snapshot of the page at 2024-08-25T01:20:16.718+0000.
Each US State's Main Source Of Tax Revenue, Mapped | Digg

πŸ’Έ πŸ’Έ πŸ’Έ

How Each State Makes Its Tax Dollars, Mapped

How Each State Makes Its Tax Dollars, Mapped
Where do states with no personal income or sales tax get their money?
· 14.3k reads ·
· ·

Tax collections generally make up around half of the money US state governments raise, but not all states obtain the majority of their tax dollars from the same place.

Using data from Pew Research, the team at Visual Capitalist mapped each US state's biggest source of tax revenue. Figures are accurate as of 2023.

The country has six states with no broad-based personal income tax β€” South Dakota, Florida, Texas, Nevada, Washington and Tennessee β€” where sales tax makes up more than 70 percent of the total revenue.

In Oregon, where there's no sales tax, and high-income states like California, New York and Massachusetts, most of the money raised comes from collections on personal income.

There are a handful of states that get the majority of their tax dollars through other means. Alaska, for example, makes most of its revenue through severance tax, while the main source for New Hampshire is taxing corporate income and business profits.

Click image to enlarge

US states' tax revenue sources

Via Visual Capitalist.

Comments


Cut Through The Chaos With Digg Edition

Sign up for Digg's daily morning newsletter to get the most interesting stories. Sent every morning.