State by State sales tax comparison [Consumer] - MarketTicker Forums


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User Info	State by State sales tax comparison in forum [Consumer]
Geckogm Posts: 3720 Incept: 2007-06-26 Canyon Lake	Combined 9.08 only Asimov has me beat. California has the nation's highest statewide sales tax and second highest when combined with local levies, in the United States, according to a new report from the Tax Foundation. California is one of three states (Utah and Virginia aren't in the top 10) that levy a statewide, mandatory local sales tax, which the Tax Foundation combines in the state sales tax. Some other sources list California's statewide rate as 7.25%. Californians currently are paying an extra 1%, which is due to expire July 1, which would drop California to 8th on this list. Gov. Jerry Brown wants the legislature to put a 5-year extension of the extra sales tax, as well as the income tax and vehicle license tax, before the voters in a special election. http://taxfoundation.org/publications/sh.... http://www.ocregister.com/articles/tax-2.... 2011-02-10 11:10:00 Permalink*
Lumpeninvestor Posts: 2339 Incept: 2007-10-16 98072, USSA	In the Seattle metro area (King County), 9.5% sales tax. (we have no Income tax, but only by a hair breadth... "income tax for the rich" was voted down recently, but I'm sure they will try again). @ Costco ~5 miles north of me, in Snohomish Co, 7.7% sales tax. ---------- Distributing insolvency only destroys the last remaining islands of solvency in a bankrupt world. - Charles Hugh Smith 8/23/2012 2011-02-10 11:26:45 Permalink
Vegasradar Posts: 8651 Incept: 2007-07-11	I wonder how the states rank when you combine sales, income AND property taxes ---------- Be the change you want to see in the world. ~Mahatma Gandhi 2011-02-10 11:34:00 Permalink
Etz Posts: 13888 Incept: 2007-06-26 LA	Quote: Gov. Jerry Brown wants the legislature to put a 5-year extension of the extra sales tax, as well as the income tax and vehicle license tax Ain't it great being a leech***? ---------- Legal chicanery and beneficent darkness are the banker's stoutest allies - F.Pecora. 2011-02-10 11:58:29 Permalink*
J6p Posts: 2603 Incept: 2008-10-07	NC at #12. We are making progress. ---------- "Master your past in the present, or your past will master your future" -weirdchina 2011-02-10 12:29:08 Permalink
Swingtrader Posts: 9108 Incept: 2007-08-12 United Oligarchic Goldman Sachs States of America	Tennessee looks rough until you take into account there is no income tax in Tn Total taxation is what matters - not just sales tax. ---------- Swing said "Well, it is collapsing as we watch.This is what it looks like." Australian federal judge Jayne Jagot, doing what US judges need to do! 2011-02-10 12:31:41 Permalink
Eighty6thebs Posts: 4180 Incept: 2007-06-26 It's contained to sub-prime!	ditto with Florida ---------- "Sounds to me like you guys a couple of bookies" - Billy Ray Valentine "No I am not scared, and neither should you be!" - Iraqi Information Minister 2011-02-10 12:34:06 Permalink
Briar Posts: 5371 Incept: 2008-02-07 Palm Springs, CA	And you can control how much you buy to some degree so you can limit your exposure to that high sales tax, whereas it's difficult to have a normal job and avoid the income tax. Of course, they're constantly fighting in Tennessee over having an income tax. The ten years I lived there I think it was an issue in every single election cycle. ---------- Religion is what keeps the poor from murdering the rich. Napoleon 2011-02-10 14:35:16 Permalink
Tesla Posts: 15541 Incept: 2008-04-03 State of Disbelief	Yay Delaware...we're #47. PA isn't too bad either...at #30. Property taxes are what kills PA, at least in the eastern and western parts of the state.. ---------- "Even a dog knows the difference between being stumbled over and being kicked." -Justice Oliver Wendell Holmes "Neither the wisest Constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt." -Samuel Adams 2011-02-11 08:50:20 Permalink
Asimov Posts: 103869 Incept: 2007-08-26 East Tennessee Eastern Time	Quote: Tennessee looks rough until you take into account there is no income tax in Tn Total taxation is what matters - not just sales tax. That's how I feel. ---------- It's justifiably immoral to deal morally with an immoral entity. If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente. 2011-02-11 08:58:08 Permalink
Otiswild Posts: 5613 Incept: 2009-03-09 Inside you, the force is!	Also keep in mind corporate rates on income and property as well, as they factor into jobs. Theoretically, New Hampshire should be the place to go, but I'm thinking the corporate income tax and property taxes drive businesses away... http://www.taxfoundation.org/research/to.... (What would be really helpful would be a site that generates a 'liberty index' for each state, based on their taxation (both state-and-local) as well as liberty issues (gun laws, eminent domain protections, etc)). 2011-02-11 14:05:11 Permalink
Fidgit Posts: 17784 Incept: 2008-02-18 Tax Unit #1,384,923,781	... Last modified: 2011-02-11 22:58:44 by fidgit 2011-02-11 22:56:59 Permalink
Lastscottsman Posts: 523 Incept: 2008-03-02 Houston, Texas	Has anybody seen a state by state YOY comparison of sales tax receipts lately? ---------- O Lord God, let me not be disgraced in my old days. Or if Thou wilt not help me, do not help these scoundrels, but leave us to try it ourselves." Fieldmarshall Leopold I Prince of Anhalt Dessau 2011-02-11 23:50:29 Permalink
Iflyjetzzz Posts: 8876 Incept: 2007-07-29 Tucson, AZ	The problem with the Tax Foundation's chart is that it doesn't take into account total taxes. What I'd like to see is an interactive website that allowed you to plug income by source (from job, retirement, interest, dividends, etc), add in property taxes, motor vehicle tags/taxes, and then allow you to put in estimated amounts spent on other purchases - food, gas, clothing, etc. That would be the only way to get a clear picture on where the best state/county/city would be for you to live in based on your specific circumstances. Many of us on this website are savers so a higher local/state sales tax doesn't hurt us as much as a high state income/dividend/interest tax does. My wife and I don't buy a lot of stuff so I favor a high sales tax and lower property taxes. And I really noticed a difference when it came to automobile sales taxes. I was looking for a car in CA, but bagged that idea after looking at the state auto sales tax rates. Granted, I paid 6% to Florida and then another 1% of the first $5000 to Highlands county but that was a LOT cheaper than the >9% taxes that CA wanted. And FL has two more things that I like - no vehicle inspections and cheap renewal tags (fees are weight based only). Renewal on our tags is $71.15/yr for each car, the highest amount charged in FL because both vehicles weight >3500 lbs. This article is geared toward military pensions, but it's got other useful state tax information in it: http://www.militaryhub.com/article.cfm?i.... ---------- When the facts change, I change my mind, sir. What do you do? 2011-02-12 13:13:04 Permalink