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Where Texas gets its revenue

Downtown Austin, Texas

Texas is one of the few places in the country without a state income tax. (This was a pleasant surprise when I moved from Minnesota.)

My latest post for The Dallas Morning News is about where Texas gets its revenue from in the absence of an income tax:

A look at where states get their tax income, by Pew Charitable Trusts.

A look at where states get their tax income, by Pew Charitable Trusts.

The chart shows that Texas is heavily reliant on its 6.25% sales tax. That’s where 61% of the tax revenue comes from (the highest in the nation). The story is here.

Further reading: The Tax Policy Center has a primer on sales taxes across the country.

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