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The sales tax rate in Larimer County is roughly 7.5%. Most transactions in Denver and the surrounding area are taxed at a total of about 8%. The sales tax rate for non food items in Denver is 7.62%. Food and beverage items total 8.00%, and rental cars total 11.25%. [76]
Median household income and taxes State Tax Burdens 2022 % of income. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly.
Lafayette was home to minor-league baseball teams in various seasons from 1907 to 2000. Lafayette was an affiliate of the St. Louis Browns 1936–1941, Chicago Cubs (1955–1957) and San Francisco Giants (1975–1976).
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Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
In July 2017, the state's unemployment rate was 5.3%; [222] it decreased to 4.4% in 2019. [223] Louisiana has three personal income tax brackets, ranging from 2% to 6%. The state sales tax rate is 4.45%, and parishes can levy additional sales tax on top of this.
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Because the rate of a sales tax does not change based on a person's income or wealth, sales taxes are generally considered regressive. However, it has been suggested that any regressive effect of a sales tax could be mitigated, e.g., by excluding rent, or by exempting "necessary" items, such as food, clothing and medicines. [21]