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Where Each U.S. State Gets Its Tax Revenue From

32 points by peter_d_sherman ago | 15 comments

kevin_thibedeau |next [-]

They need to show distribution of federal funds because it is not fairly allocated.

hbarka |next |previous [-]

Interesting as a percentage but convert the axis to actual dollars for the real story.

abeppu |root |parent [-]

But that would just show you some states are much bigger than others? I think per capita dollars, or normalized to that state's median income would be more informative.

somat |next |previous [-]

I suspect "other" is mining or equivalent natural exploitation(oil)

And pet peeve, personal income tax and corporate income tax are almost the same thing. With few exceptions the individual person does not pay their income tax, the corporation does, and for those exceptions the individual is the corporation. Income tax is really a sales tax on a corporation biggest expense, it's payroll.

yuliyp |root |parent [-]

Corporate income tax is a very different thing from an employer withholding wages. Withholding is still considered the individual paying the tax, just they never get to hold the money. Corporate income tax is money the corporation pays based on its own income vs expenses.

logankeenan |next |previous [-]

A good portion of revenue is from property taxes. A property tax is a wealth tax. I always find the discussion interesting around wealth taxes on billionaires equity when the average worker has typically always paid a wealth tax their largest asset.

mrkiouak |root |parent [-]

A property tax is not a wealth tax, in any common meaning of 'wealth tax'. It's a property tax. The majority of people with real wealth own assets outside of property that they derive income from. Notably, the vast majority of people own property they do not derive income from, e.g. their homes.j

A tax on a home not deriving income does not fit any normal person's definition of a wealth tax.

beembeem |next |previous [-]

A few observations (these are all on a relative basis, as the chart shows):

- NH gets nearly 2/3 of its revenue from property taxes

- OR raises more of its revenue than CA in income tax

- TN/AZ are a close 2nd/3rd to WA in sales tax revenue

PyWoody |root |parent [-]

  - NH gets nearly 2/3 of its revenue from property taxes
No sales or income tax will get you that. I sold my house and went back to renting because my town doubled my already ludicrously high property taxes.

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flowerlad |next |previous [-]

Here's a website that would have been significantly better if it had been written using AI. HN readers complain about "AI slop" but I would prefer AI slop over this site. Folks, if you are not motivated to make a decent page, please use AI.

somat |root |parent [-]

Just curious, because it looks fine to me(ad blocker?), but there were other comments saying how terrible it is, what is wrong with it?

Header large image, small pointless article, see also navigation. Sure nothing exceptional, but also, nothing offensive, looks like every other "news site" I have seen.

devmor |next |previous [-]

I wonder if Delaware's massively oversized license tax portion is simply because so many companies incorporate there.

dorianmariecom |previous [-]

that website is cancer, just for an image

dh2022 |root |parent |next [-]

That is why I read the HN comments before going to the site :). Thanks!

mindtricks |root |parent |previous [-]

It is called the visual "capitalist" for a reason it seems.