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The state's tax burden is driven largely by its sales and excise taxes, which alone account for 7.17 percent of residents' income - the highest in the nation. The state also collects 4.18 percent ...
Oklahoma, Kansas and Virginia have all eliminated their state tax on groceries in recent years, and Illinois and Arkansas expect to do the same at the start of next year. With high prices at the ...
When you factor in those local taxes, Alabama has one of the highest sales tax rates in the U.S. However, of the 41 states that impose an income tax, Alabama is the only one to exempt overtime pay.
New York has the highest tax burden in the US and is the fourth most expensive state to live in. Gov. Kathy Hochul proposed a $3 billion inflation rebate funded by sales tax revenue. A permanent ...
Senate Bill 5814 updates the state’s excise tax code to apply sales tax to a wide range of categories, including advertising agencies, software development firms, IT support providers ...
Arkansas' grocery sales tax will end on Jan. 1. The same is true in Illinois. In Kansas and Oklahoma, shoppers stopped having to pay a state sales tax on groceries in January and August, respectively.