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Bailout

: Calculated Risk

More on State Income Taxes

By Anonymous

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The Nelson A. Rockefeller Institute of Government report on state income taxes is now available on their website: April Is the Cruelest Month

Yesterday I posted a couple of graphs based on the report.

Reader Ann suggested the following graph ...

Impact on State Revenue This shows the change in personal income taxes multiplied by the percent personal income tax of total state taxes in 2008.

This adjusted the decline in personal income taxes by the relative importance of the tax.

As an example, personal income taxes make up 68.5% of the revenue in Oregon and 55.9% in New York. A decline in personal income tax revenue is more important for those states than Arizona (25.3% of the revenue).


Full post as published by Calculated Risk on June 18, 2009 (boomark / email).

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