NEWS
Tax day fast approaching
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 (%) | ||
| 1 | New York (12.97%) | 41 | Wyoming (7.51%) |
| 2 | Hawaii (11.71%) | T-42 | Alabama (7.28%) |
| 3 | Maine (10.84%) | T-42 | South Dakota (7.28%) |
| 4 | Vermont (10.77%) | 44 | Montana (7.27%) |
| 5 | Minnesota (10.25%) | 45 | Oklahoma (7.12%) |
| 6 | Rhode Island (10.20%) | 46 | New Hampshire (6.86%) |
| 7 | New Jersey (9.86%) | 47 | Florida (6.56%) |
| 8 | Connecticut (9.70%) | 48 | Tennessee (6.28%) |
| 9 | Illinois (9.67%) | 49 | Delaware (5.55%) |
| 10 | Iowa (9.49%) | 50 | Alaska (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/
A Wednesday morning rollover on State Highway 59caused a vehicle to catch fire but had no injuries.
Montague County Public Information Officer Sgt. Aaron Randle said the call came in around 7:30 a.m. at the intersection of SH 59 and Nobile Road. When Montague Volunteer Fire Department firefighters arrived, the 2008 Chevy pickup had rolled over and was fully enguled in flames. The17-year-old adult driver was out of the vehicle.
Brandle said the fire was under control at 8:06 a.m. Bowie Emergency Medical Services was also on the scene.
By BARBARA GREEN
editor@bowienewsonline.com
The City of Nocona has been nominated as a rural Opportunity Zone by Texas Governor Greg Abbott and Mayor Christopher Nunneley said they will begin “pitching” this federal tax angle to potential businesses.”
At a Tuesday afternoon press conference Nunneley, Donna Culpepper, executive director for the Nocona Economic Development Corporation and Michelle Page of the Nocona Chamber of Commerce announced the nomination and offered a brief overview of the federal tax incentives that can become available.
Read the full story in the Thursday Bowie News.
Remember Sept. 11 2001, 25 years later
While history will remember Sept. 11, 2001 among the darkest days in America’s history, it also is a day marked not only by tremendous heroism and bravery by first responders, but also every day Americans from all walks of life who showed the world our country would not be intimidated by terrorism.
There were 2,996 people killed during the attacks on Sept. 11, 2001 including 343 firefighters and paramedics, 23 New York city police officers and 37 Port Authority police officers. Tens of thousands more suffered in the aftermath due to exposure to chemicals and industrial debris.
The Bowie News editor asked some local lawmen, firefighters, a pilot and two retired FBI agents their memories of this tragic day and how their jobs were impacted by the events. We thank them for sharing their reflections.
Read the full feature in your Thursday Bowie News.
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