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New York City taxpayers shell out far and
away the most in state and local taxes compared with residents in eight
other American cities with populations of 1 million people or more.
Taxes eat up $9.02 out of every $100 in
household and business income in the Big Apple. The analysis was
compiled by the city’s Independent Budget Office using taxes for the
2003-04 budget year.
Following New York was Philadelphia, where
state and local taxes account for $7.16 of every $100; Los Angeles,
$6.88; San Antonio, $6.73; and Phoenix, $6.25.
The other cities surveyed were San Diego, $6.01; Chicago, $5.89; Houston, $5.53; and Dallas, $5.20.
Source: The New York Times, Sewell Chan (02/22/07)
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