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23 Monthly Tax Features 1 (1979)

handle is hein.tera/taxfeaturs0023 and id is 1 raw text is: MONTHLY TAX FEATURES rVolume 23, Number 1, January 1979 1 iTax Foundation Inc. 1875 Connecticut Ave., N.W. OWashlngton, D. C. 20009 0 202-328-4500 0 Sta te and Local ,Taxes. Exceed $200 Billion; Per Capita Collections Doubled Over Decade in fiscal' 1978, tax payments to burdens over the last decade -for income. Per capita taxes of $813 in state and local governments passed the $200 billion mark for. the: first time, after rising 10percent over the previous year and 188: percent over the decade, according to. Tax Foundation estimates. At $202.6 billion -in 1978, state-local taxes Iwere $18 billion higher than in 1977 and' $132 billion above their '1968 level. While full data for 1978 are not iyet available, Tax Foundation re- searchers offered several compara- tive measures ox the growth in tax which figures are available, 1967 to 1977. During this period State-local taxes rose 188 percent; population '19 percent, consumer prices 82 per- cent and personal income 137 per- cent. (Federal tax, growth in the decade, incidentally, was almost the same - 136 percent -as the rise in personal income.) During the decade, state-local tax payments grew, 33 :percent faster than the combined increases in pop- ulation. and prices, and 22 percent faster than the:; growth in. personal- 1977 had risen 164 percent since 1967. And, while. 1977. taxes amounted to $128 per $1,000 of per- sonal income, Tax Foundation calls attention toihe fact that from every $1,000 of growth in personal income in the. past- decade, state and local taxes claimed $145. There were. wide variations among states in both the levels of statelocal taxes and their' respec- tive trends over the decade. Per capita taxes more, than doubled in Cqntinued on page 4) ,,ATTENTION EDITORS: 'Monthly Tax Features is not colpyrilted. Material m:av be renroduced freelv. Please credit Tax Foundation. [

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