Colorado 15th Ranked for State & Local Sales Tax
The cost of government and who pays for it is always a popular politic topic. A study just published by the Tax Foundation ranks states by their average combined local and state sales taxes. Any guesses on which state has the biggest combined sales tax? New York, maybe? How about California?
Try Tennessee, which is #1 at 9.43%, followed by Arizona at 9.12% and Louisiana at 8.84%.
New York and California are 8th and 12th, respectively.
Colorado residents on average pay a sincere 7.48%, good enough for 15th in the nation. In Fort Collins people pay 7.55% (city 3.85%, county 0.80%, state 2.90%).
You can find the full report here.