The largest portion of local government tax revenue in the United States comes from residential and commercial property taxes. Overall, local governments obtained more than 75 percent of their fiscal year 2010 tax revenues from property taxes, as reported by the U.S. Census Bureau. During that same fiscal year, New Hampshire was the state whose local governments relied most heavily on property taxes, with New Jersey and Vermont in second and third place, respectively.Know More
Local government in the U.S. refers to those jurisdictions below the state level, and it includes counties and, at one level below, the various forms of municipalities such as cities, towns, boroughs and villages. From their earliest beginnings, municipalities looked to real estate as a source of tax revenue. It was plainly visible, fixed in place, its value was well known and the revenues collected could be allocated directly to the sector of government in which the property was located.
The 10th Amendment to the U.S. Constitution, which was ratified in 1791, made the various forms of local government a matter for state governments to decide, with the exceptions of the District of Columbia and U.S. territories. The result was that the states implemented varying types of structural and taxation systems for their county and municipal governments.
The U.S. Census Bureau is charged with the task of compiling statistics relating to local government every 5 years. Detailed information is collected and made publicly available regarding local government organization, employment and tax revenues.Learn more about Taxes
Tax forms for North Carolina state tax returns are available on the North Carolina Department of Revenue’s official website. To access the proper form, click on the Download Forms link on the right-hand side of the website’s home page.Full Answer >
Illinois state tax forms can be viewed and downloaded online through the Illinois Department of Revenue’s website. All form fields may be filled in using a computer by downloading Adobe Acrobat Reader or enabling an existing version in the browser’s preference settings.Full Answer >
Anyone filing individual taxes in Minnesota can receive free tax preparation assistance from organizations such as Help Minnesota Save or Prepare + Prosper. Other websites and organizations that offer tax-preparation aid can be found on the Minnesota Revenue official website.Full Answer >
The tax tables and forms on the Internal Revenue Service, or IRS, website are free to use and print. The tax tables are provided as a guide to show people filing their taxes what they should have paid into taxes based on pre-tax income.Full Answer >