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The proposed 20% tax on the wholesale price of marijuana products is expected to produce $15.6 million during the 2025-26 fiscal year, with another $11.4 million coming in sales taxes derived from ...
Pennsylvania has a 6% sales tax rate. Allegheny County has local sales tax of 1% on top of the PA sales tax rate that totals 7%. Philadelphia County has a local sales tax of 2% on top of the PA sales tax rate that totals 8%, which became effective October 8, 2009. Food, most clothing, and footwear are among the items most frequently exempted. [180]
This is a table of the total federal tax revenue by state, federal district, and territory collected by the U.S. Internal Revenue Service.. Gross Collections indicates the total federal tax revenue collected by the IRS from each U.S. state, the District of Columbia, and Puerto Rico.
This data is collected by the United States Census Bureau for state governments during fiscal year 2015. These statistics include tax collections for state governments only; they do not include tax collections from local governments.
The phase-out starts with 2024 taxes, which will be reduced by 35%. In 2025, the reduction will be 65%; and then there will be no taxes on Social Security in 2026. More From GOBankingRates.
Nevada – no individual or corporate income tax. Nevada gets most of its revenue from sales taxes as well as taxes on the gambling and mining industries. [13] [14] New Hampshire – The accelerated phase-out of a tax on dividends and interest completed at the start of 2025. [15]
With 5,700 residents, Hendricks said, the borough could receive up to $570,000 which would provide "an income streak that would allow the town to cut property taxes."
The Pennsylvania Department of Revenue (DOR) is an agency of the U.S. state of Pennsylvania. The department is responsible for collecting all Pennsylvania taxes, including all corporate taxes and taxes on inheritance, personal income, sales and use, realty transfer, motor fuel, and all other state taxes. [1]