Showing posts with label Taxes. Show all posts
Showing posts with label Taxes. Show all posts

Friday, January 17, 2020

AVERAGE ANNUAL GASOLINE TAXES PAID PER VEHICLE BY STATE – 2019



According to the Federal Highway Administration, the average fuel economy for all light vehicles on the road today is 22.3 miles per gallon (mpg) and the average annual miles driven is 11,484 miles. The Federal tax on gasoline is 18.4 cents per gallon, and each state has a gasoline tax, ranging from 8.95 cents in Alaska to 58.7 cents in Pennsylvania. Since taxes are charged on a per-gallon basis, someone with a more efficient vehicle will pay less in taxes over the course of a year. Based on average mpg and miles driven, a person owning a gasoline vehicle pays between $141 and $398 in fuel taxes each year, depending upon the state in which the fuel is purchased.




Thursday, January 24, 2019

COMBINED STATE AND AVERAGE LOCAL SALES TAX RATES


 5 STATES WITH HIGHEST COMBINED STATE AND AVERAGE LOCAL SALES TAX RATES
STATE
RATE %
Louisiana
10.02
Tennessee
9.46
Arkansas
9.41
Washington
9.18
Alabama
9.10



5 STATES WITH LOWEST COMBINED STATE AND AVERAGE LOCAL SALES TAX RATES
STATE
RATE
Alaska
1.76
Delaware
0.0
Montana
0.0
New Hampshire
0.0
Oregon
0.0



Friday, December 14, 2018

10 HIGHEST PROPERTY TAX BILLS FOR 2015 IN COOK COUNTY, IL

There are roughly 1.4 million residential properties in Cook County. In Chicago, the average bill rose 12.8%, to $3,663 (increase from 2015 to 2016).

10 HIGHEST PROPERTY TAX BILLS FOR 2015
 IN COOK COUNTY, IL
OWNER
LOCATION
TAX ($)
INCREASE FROM 2014
Terry A. McKay
Sheridan Road,
Winnetka
300,439
+2.2%
Dimitry Godin
Sheridan Road, Winnetka
294,012
+2.2%
Donald Wilson
Dickens Ave.,
Chicago
261,524*
+25.6%
Richard Parillo
Burling Street,
Chicago
256,172
+10.4%
Muneer Satter
Sheridan Road, Winnetka
246,455
+23.1%
Lorrill A. Haynes**
Sheridan Road, Winnetka
246,035
+2.2%
Cameel Halim
Sheridan Road, Winnetka
245,640
+2.2%
Sinjay Shah
Wabash Ave.,***
Chicago
223,502
****
Byron Trott
Sheridan Road, Winnetka
222,016
+2.2%
Karen Citow
Lakewood Dr.,
Winnetka
219,265
-10%
*This was an increase of $53,277 from the prior year’s bill.
**Prior owner; new owner’s name does not appear in the county records.
***89th floor penthouse at Trump International Hotel and Tower. Owner purchased the unit for $17 million at the end of 2014.
****In the prior year, the property was still owned by the Trump Tower developer and was considered vacant property.