Monday, February 6, 2012

Independence Institute: We're 26th (in taxes)

Posted By on Mon, Feb 6, 2012 at 4:31 PM

Here's an interesting study from Denver's Independence Institute. The far-right advocacy organization crunched the numbers, and what it found is that Colorado ranks nearly dead-middle in tax burden per capita.

Colorado ranks 26th nationally, compared to all other states for the combined state and local tax burden, on a per capita basis.

The amount of taxes citizens pay ranks in the middle compared to all other states.

Many Coloradans watch the news, read web and print articles, and strive to make the right choices in their civic participation. To properly make sense of the options and to gain insight and perspective on the demands for taxes to finance the many government proposals, it helps to know where Colorado stands in the bigger picture.

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  • Anthony Ryan Gonzalez and the Independence Institute

Every one of us tax-paying Coloradans shells out, on average, $4,039 per year — far from the $7,095 the top-taxed New Yorkers pay, and a little over a thousand more than the lowest-taxed South Carolinians. (Note: The study exempted Alaska, even though that state's tax burden per capita was basically double New York's, as those numbers were skewed by the state's large oil revenues.)

Citizens armed with dependable statistics will be able to weigh the claims of researchers, activists and pundits. Access to reliable, reproducible information should better enable reporters, opinion leaders and elected officials to base argument and advocacy on a strong, factual foundation.

So there you are. Arm yourself, citizen.

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