Keep up with our latest demographic insights

NC in Focus: State Tax Revenue by Source, 2014

By on 4.23.15 in Economic Data

Analysis using total tax or per capita tax as a measure of tax burden on the citizens of a particular state can be misleading and misinterpreted. Different states use different approaches to taxation, and comparing only the total taxes collected by each state is not enough to understand the economic impact of those states’ taxes. The Census Bureau’s statistics on state tax revenues reflect the taxes a state collects from activity within the state, not…

Continue Reading »