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In M1: Assignment 3, for a selected state, you described the percentage and distribution of the state’s taxation methods, identified sources of funding for three programs (local parks and recreation, mental health programs, and child welfare services), and evaluated the adequacy of funding. In M2: Assignment 2, you explained the percentage of local and state taxes, and federal contributions, that fund local parks and recreation, mental health programs, and child welfare services.
Continue your work on the chart explaining the selected state’s taxation structure. Use the state’s Web site and other Internet resources to research local or city income taxes in the state.
Describe the local or city income taxes imposed on both individuals and businesses. Respond to the following:
• What are the local income tax rates? Do they vary among cities?
• What primary revenue sources do cities in your selected state have? Are income taxes the primary income source for the city?
• Does your city receive any consumption taxes, and if so, what type?
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