1. Between 1972 and 2002, all state and local taxes combined have increased from $3,442 per person to $5,850 per person across the United States.
2. On average, the states raise 79% of this amount locally, and get 21% from the Federal government, but the story is very different in each state.
3. Taxes have declined from 65.4% of state revenues to 53.7% between 1972 and 2002 as states have cut property taxes, which have declined from 25.6% of state revenues to 16.6%
4. States have been making up for the lost property tax revenues by raising fees for services (including state college tuitions and basic medical or waste disposal service fees) which increased from $389 per person in 1972 to $878 per person in 2002.
6. States have also made up for tax losses with miscellaneous income sources, like lotteries, which increased from $158 per person in 1972 to $579 per person in 2002.
7. Corporate net income taxes paid to states has declined 35% since 1972, from 2.6% of revenues in 1972 to 1.7% of revenues in 2002. |
