According to the latest economic data from the US Census Bureau, the average per capita state and local tax burden is $7,109. However, collections vary widely by state, reflecting differences in tax rates and bases, natural resource endowments, the scale and scope of taxable economic activity in each state, and residents’ political preferences.| Tax Foundation
By Daniel Koslovsky As the $771 million total northeast Illinois transit fiscal cliff looms, public transportation agencies and advocates are calling for $1.5 billion in additional yearly state funding to upgrade the public transportation system. The discourse over fully funding local transit is based on the assumption that it’s worth the money to do so.…| chi.streetsblog.org
1 Introduction| arxiv.org