U.S. consumer prices rose 5.7% over the past year, the fastest pace in 39 years as a surge in inflation battered Americans as the holiday shopping season was getting under way.
CHARLESTON, W.Va. (AP) — West Virginia Gov. Jim Justice on Wednesday proposed a permanent 10% reduction in the personal income tax after the state ended the fiscal year with a record $1.3 billion surplus.
CHARLESTON, W.Va. (AP) — Legislation that would reduce personal income taxes by 10% in West Virginia cleared the House of Delegates on Friday.
CHARLESTON, W.Va. (AP) — The West Virginia House of Delegates has passed its version of a bill that would eliminate the state’s personal income tax.
WASHINGTON (AP) — U.S. consumer spending plunged 7.5% in March, reflecting the growing impact of the coronavirus pandemic as Americans complied with stay-at-home orders.
Tax burdens were calculated by dividing tax revenue by personal income for each state. Total personal income by state was sourced from the U.S.
WASHINGTON (AP) — Americans boosted their spending by 0.4 percent in March, the best showing in three months.
Personal income increased at a slower rate in Pennsylvania than the nation overall in 2017, but the state ranked 16th in per capita income, according to the Bureau of Economic Analysis.