Portable Sanitation Association International

Association Insight April 12 2017

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Did You Know: 2017 Tax Rates b y State As the filing deadline for personal income tax returns looms on April 18, readers of Association Insight might be interested to know how their state's taxation compares to that of other US states. • This publication by the Tax Foundation https://fil es.taxfoundation.org/20170302120920/TF - SBTCI - 2017 - Final1.pdf looks at taxes across the board and uses them to create a ranking related to the climate for doing business in that state. • The data in this article by Wallet Hub https://wallethub.com/edu/best - w orst - states - to - be - a - taxpayer/2416/ ranks each state by its effective personal income tax rate and its relationship to the median household income in that state. If you compare the rankings between the two lists, you will see that they don't match up exact ly on personal income taxes. That is because the Tax Foundation's numbers are looking at the levied rate and the Wallet Hub numbers are looking at the effective rate. No matter how you look at the data, you are bound to learn something. W EEKLY E DITION APRIL 12, 2017 P AGE 6

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