Connect with us

NEWS

Tax day fast approaching

Published

on

  With Tax Day fast approaching and the new tax code taking effect this year, the personal-finance website WalletHub today released its 2019 Tax Burden by State report as well as accompanying videos, along with its 2019 Tax Facts infographic.  

In order to determine which states tax their residents most aggressively, WalletHub compared the 50 states based on the three components of state tax burden — property taxes, individual income taxes, and sales and excise taxes — as a share of total personal income.

States with Highest Tax Burdens (%)States with Lowest Tax Burdens (%)
1New York (12.97%)41Wyoming (7.51%)
2Hawaii (11.71%)T-42Alabama (7.28%)
3Maine (10.84%)T-42South Dakota (7.28%)
4Vermont (10.77%)44Montana (7.27%)
5Minnesota (10.25%)45Oklahoma (7.12%)
6Rhode Island (10.20%)46New Hampshire (6.86%)
7New Jersey (9.86%)47Florida (6.56%)
8Connecticut (9.70%)48Tennessee (6.28%)
9Illinois (9.67%)49Delaware (5.55%)
10Iowa (9.49%)50Alaska (5.10%)

Key Stats – Tax Facts Infographic

  • Americans spend 8.1 billion hours doing taxes each year. The average person spends 11 hours and $200 completing his or her 1040.
     
  • 4.6 million fewer taxpayers will get a federal tax refund this year. The average refund in 2019 is $2,957, as of 3/15/2019.
     
  • Nearly one-third of people (31%) say their biggest Tax Day fear is making a math mistake on their taxes, topping not having enough money (28%), identity theft (24%) and getting audited (17%).
     
  • 36% of Americans would move to a different country and 24% would get an “IRS” tattoo for a tax-free future.
     
  • 50% of people would rather do jury duty than their taxes. 1 in 5 would prefer talking to their kids about sex. More than 10% would swim with sharks, spend the night in jail and drink expired milk.

To view the full report and your state’s rank, please visit:
https://wallethub.com/edu/states-with-highest-lowest-tax-burden/20494/

Continue Reading

NEWS

City staff examines new generators for water plant

Published

on

City of Bowie officials were on hand to inspect the emergency electrical generators that were delivered last week.
Mayor Gaylynn Burris and City Manager Bert Cunningham inspected one of three emergency electrical generators purchased as part of an ongoing Federal Emergency Management Agency Hazard Mitigation Grant. They also talked with Jay Evans, head of the city electric department, and Jerry Sutton, director of the water treatment plant about the next step for installation of the generators.
This grant provides funding for one 150 kW and two 250 kW generators for use at the water treatment plant.

Read the full story in the mid-week Bowie News.

City Manager Bert Cunningham and Mayor Gaylynn Burris talk with the electric and water department staff about the new generators. (Photo by Cindy Roller)

Continue Reading

NEWS

Council takes no action on litigation issue

Published

on

No action was taken on a legal issue after members of the Bowie City Council met in a called closed session at 4 p.m. on July 12.
City Secretary Sandy Page said the council met for almost one hour for “consultation with attorney – Midwest Waste Services LLC vs. City of Bowie.
This lawsuit goes back to August 2019 when Midwest sued the city for its action requiring those who receive city water outside the city limits to use the designated waste collector, which is Waste Connections. This was shortly after the city signed a new long-term contract with WC.
The suit was dismissed in June 2020 on two points in the suit, but City Manager Bert Cunningham said a third point remained in mediation.

Continue Reading

NEWS

Motorcyclist injured in July 4th wreck

Published

on

The Department of Public Safety has provided information on an auto vs. motorcycle accident that reportedly occurred on July 4.
James Lee Hilton, Nocona, was driving a 2019 Harley-Davidson motorcycle and Daniel Parra, Chico, was driving a 2018 Ford Fiesta. Both vehicles were north on State Highway 101 outside Sunset with the motorcycle behind the car.
Parra was attempting to turn left on Farm-to-Market Road 2265 when the motorcyclist attempted to unsafely pass to the left states the report. The bike struck the left side of the Fiesta. Both vehicles came to rest off the roadway on the northwest corner of SH 101 and FM 2265.
Hilton was transported to Denton Medical City with

Continue Reading
Ad
Ad
Ad
Ad
Ad

Trending