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Sources of State Revenue, FY 2010
\begin{tabular}{|c|c|c|c|c|}
\hline State & \begin{tabular}{c}
Property \\
taxes
\end{tabular} & \begin{tabular}{c}
Sales \& \\
gross \\
receipts \\
taxes
\end{tabular} & \begin{tabular}{c}
Individual \\
income \\
taxes
\end{tabular} & \begin{tabular}{c}
Corporate \\
income \\
taxes
\end{tabular} \\
\hline AZ & [tex]$37.3 \%$[/tex] & [tex]$44.4 \%$[/tex] & [tex]$12.3 \%$[/tex] & [tex]$2.1 \%$[/tex] \\
\hline CA & [tex]$31.2 \%$[/tex] & [tex]$30.1 \%$[/tex] & [tex]$26.4 \%$[/tex] & [tex]$5.3 \%$[/tex] \\
\hline FL & [tex]$42.9 \%$[/tex] & [tex]$46.9 \%$[/tex] & - & [tex]$2.7 \%$[/tex] \\
\hline LA & [tex]$20.9 \%$[/tex] & [tex]$54.0 \%$[/tex] & [tex]$14.2 \%$[/tex] & [tex]$2.4 \%$[/tex] \\
\hline MA & [tex]$38.8 \%$[/tex] & [tex]$20.9 \%$[/tex] & [tex]$30.3 \%$[/tex] & [tex]$5.5 \%$[/tex] \\
\hline NH & [tex]$64.6 \%$[/tex] & [tex]$16.0 \%$[/tex] & [tex]$1.6 \%$[/tex] & [tex]$10 \%$[/tex] \\
\hline TX & [tex]$45.2 \%$[/tex] & [tex]$44.3 \%$[/tex] & & - \\
\hline WA & [tex]$31.5 \%$[/tex] & [tex]$60.5 \%$[/tex] & & \\
\hline
\end{tabular}

Most revenue for New Hampshire (NH) comes from [tex]$\square$[/tex], while most revenue for Washington (WA) comes from [tex]$\square$[/tex].

[tex]$\square$[/tex] earns an almost equal amount of revenue from property taxes and sales taxes.

[tex]$\square$[/tex] is the state with the highest percentage of revenue from individual income taxes.



Answer :

GinnyAnswer
Let's analyze the data and fill in the blanks based on the given information:

1. For New Hampshire (NH):
- According to the data, the largest source of revenue is property taxes, accounting for 64.6%.

2. For Washington (WA):
- The largest source of revenue is sales & gross receipts taxes, making up 60.5% of the state's revenue.

Most revenue for New Hampshire (NH) comes from property taxes while most revenue for Washington (WA) comes from sales & gross receipts taxes.

3. State earning almost equal revenue from property taxes and sales taxes:
- The state of Arizona (AZ) earns 37.3% of its revenue from property taxes and 44.4% from sales taxes, which are nearly equal.

Therefore, Arizona (AZ) earns an almost equal amount of revenue from property taxes and sales taxes.

4. State with the highest percentage of revenue from individual income taxes:
- In Massachusetts (MA), individual income taxes account for 30.3% of the state's revenue, which is the highest percentage recorded for individual income taxes among the listed states.

Therefore, Massachusetts (MA) is the state with the highest percentage of revenue from individual income taxes.

Putting all this information together, we have:

Most revenue for New Hampshire (NH) comes from property taxes while most revenue for Washington (WA) comes from sales & gross receipts taxes. Arizona (AZ) earns an almost equal amount of revenue from property taxes and sales taxes. Massachusetts (MA) is the state with the highest percentage of revenue from individual income taxes.

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