Delaware state, local tax burden a bit below national average

94
Advertisement
Wilmington Delaware skyline
User:Malepheasant / Foter / CC BY-SA

Delaware’s state and local tax burden remains below the national average, while its neighbors remain near the top.

That was according to a report from the Tax Foundation.

The report showed that the tax burden amounted to 9.2 percent of income in Delaware, based on 2010 figures.  That was below the the national average of slightly under 10 percent.

By contrast, New Jersey’s tax burden was 12.4 percent, second in the nation. Pennsylvania ranked 10th followed by Maryland at No. 12.

Delaware taxpayers are aided by corporate fees that allow the state to not levy a sales tax. Proprty taxes are also the lowest in the region and balance out a relatively high personal income tax.

Advertisement

Businesses have not been happy with an increase a couple of years ago in the gross receipts tax, essentially a tax on corporate sales.

Residents of Alaska, aided by oil revenues, again paid the lowest percentage of income in 2010 at 7 percent. The next lowest-taxed states were South Dakota, Tennessee, and Louisiana.

Click on the link below for more information:

http://taxfoundation.org/article/annual-state-local-tax-burden-ranking-2010-n-york-citizens-pay-most-alaska-least

Advertisement
Advertisement