State & Local Taxes Per $1,000 Personal Income
Washington State & Local Taxes Per $1,000 Personal Income
| Fiscal Year | Taxes Per $1,000 Personal Income |
|---|---|
| 2010 | $94.48 |
| 2009 | $96.82 |
| 2008 | $105.49 |
| 2007 | $109.28 |
| 2006 | $109.43 |
| 2005 | $103.31 |
| 2004 | $103.53 |
| 2003 | na |
| 2002 | $98.91 |
| 2001 | na |
| 2000 | $105.06 |
| 1999 | $108.96 |
| 1998 | $113.85 |
| 1997 | $118.18 |
| 1996 | $118.67 |
| 1995 | $119.93 |
| 1994 | $118.70 |
| 1993 | $114.68 |
| 1992 | $115.09 |
| 1991 | $116.56 |
| 1990 | $118.27 |
- Between 1994-95 and 2008-09 Washington's rank among the 50 states in state and local taxes per $1,000 of personal income fell from 11th to 35th.
- In 2000, Washington's state and local taxes per $1,000 of personal income dipped below the average of all the states for the first time since 1985.
- In the 2003-2007 period, the ready availability of consumer credit and a quickly appreciating housing market helped spur consumer spending, resulting in a rebound in taxes relative to personal income.
- A combination of higher-than-average personal income growth, a state spending limit holding down expenditures, and tax cuts through the legislative and initiative processes, pushed taxes down beginning in 1995.
- State comparisons of state & local taxes relative to personal income are available from the Washington Department of Revenue's Comparative State and Local Taxes.
Data sources:
- U.S. Census Bureau: State and Local Government Finances
- U.S. Bureau of Economic Analysis (personal income)
Last modified: November 29, 2011
E-mail: OFM.Forecasting@ofm.wa.gov
