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Washington State Unemployment Insurance Tax Rate - Excel

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Washington State Unemployment Insurance Tax Rate - Excel Powered By Docstoc
					                           WASHINGTON STATE
                         TAX ALTERNATIVES MODEL
1. Change Tax Rates and Select Tax Options



                             Short                                  Household Impact
                                               Tax Rates                                           Current     Alternative
2. View Tables              Summary
                                                                                                 Tax System    Tax System
                                                                by Household     by Household
                                                                   Income         Distribution


                                                                       Household                                Difference
                                                  Total Tax                                       Percent
                           Long Summary                                Business                                 Current v.
                                                  Revenue                                         Reliance
                                                                         Split                                      Alt




 3. Print Tables                                                    Print Long
                                               Print Short
                                               Summary              Summary


       This Tax Alternatives Model allows the user to change the tax rates for major State and Local Taxes, add certain
       business and household taxes, and see the impact on revenue, households and business.

       If you have questions call:
       Rick Peterson, House Finance Committee, (360) 786-7150
       Don Gutmann, Dept of Revenue (360) 570-6073




                                                                                                   e0bbc26c-2847-4bd8-8d2c-6a58996c5776.xls
                                                                             Short Summary

                                                                Major State Taxes
                                                Change in Revenue Relative to Current Law (in millions)
                                                                  2007 Estimates
                                                        Alternative same as current law
                                                                            Current Tax Alternative Tax            Difference
Revenue Source                                                                System        System

Retail Sales Tax (State)                                                          $7,209               $7,209                  $0

Personal Income Tax                                                                    $0                   $0                 $0

Business & Occupation Tax                                                         $2,389               $2,389                  $0

Public Utility Taxes                                                                 $311                  $311                $0

Property Tax (State)                                                              $1,650               $1,650                  $0

Corporate Net Income Tax                                                               $0                   $0                 $0

Business Value Added Tax                                                               $0                   $0                 $0

Goods and Services Tax                                                                 $0                   $0                 $0
                                                                                             Total for State                   $0

                                                              Tax Burden on Households
                                           Major State and Local Taxes (Including Federal Tax Offset)
                                 16.0%

                                 14.0%
 Percent of Income paid in Tax




                                 12.0%

                                 10.0%

                                 8.0%

                                 6.0%

                                 4.0%

                                 2.0%

                                 0.0%
                                          Up to  $20,000 to $30,000 to $40,000 to $50,000 to $60,000 to $70,000 to $80,000 to $100,000   Over
                                         $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $100,000                        to    $130,000
                                                                                                                              $130,000
                                                                                    Income

                                                                        Current Law          Alternative




                     Alternative same as current law




                                                                                                  e0bbc26c-2847-4bd8-8d2c-6a58996c5776.xls
                                              Tax Rates



                           Major State and Local Taxes
                                                       Current Tax   Alternative   Difference   Percent of
                                                         System      Tax System                  Current
Tax Rates                                                                                         Rate

Retail Sales Tax
                       State                                6.50%         6.50%        0.00%        100%
                       Local                                1.90%         1.90%        0.00%        100%
                                   Total Sales Tax          8.40%         8.40%        0.00%        100%

          Sales tax on food for home consumption            0.00%         0.00%        0.00%
 Allow low income credit to offset sales tax on food           $0            $0           $0

Personal Income Taxes
                   Personal Exemption Amount                            $5,000
                            Standard Deduction
                                Single Returns                         $10,000
                                  Joint Returns                        $20,000
 Personal Income Tax Rate(s)
                                       Brackets           From           To
                                    1st Bracket               $0       $25,000         0.00%
                                   2nd Bracket           $25,000       $50,000         0.00%
                                   3rd Bracket           $50,000      $100,000         0.00%
                                    4th Bracket         $100,000       and over        0.00%

    Allow earned income credit equal to 10% of federal EITC 0


Business & Occupation Tax (Change Average Rate)             0.60%         0.60%        0.00%        100%

Public Utility Taxes (Change Average Rate)                  3.54%         3.54%        0.00%        100%

State Property Tax (Rate per $1,000 of value)              $2.47         $2.47         $0.00        100%
Local Property Tax Rate                                    $9.22         $9.22         $0.00
                Additional Local Gov Property Tax          $0.00         $0.00         $0.00
                           Total Property Tax Rate        $11.69        $11.69         $0.00        100%

Corporate Net Income Tax                              0.00%               0.00%        0.00%
    (Use equal weights for each apportionment factor)
Corporate Net Income Tax                              0.00%               0.00%        0.00%
    (Use double weight for the sales factor)

Business Value Added Tax
                                                            0.00%         0.00%        0.00%
Tax wages at the business level or household level              2

Goods and Services Tax                                      0.00%         0.00%        0.00%


                                                                 e0bbc26c-2847-4bd8-8d2c-6a58996c5776.xls
                                                        Total Tax Revenue



                                            Major State and Local Taxes
                                Change in Revenue Relative to Current Law (in millions)
                                                 FY07 Estimates

                                                                                  Current Tax    Alternative Tax    Difference
Total Tax Revenue                                                                   System           System

Retail Sales Tax
 State                                                                                  $7,209            $7,209             $0
  Add Business Services                                                                     $0                $0             $0
  Add Consumer Services                                                                     $0                $0             $0
  Add Financial Services                                                                    $0                $0             $0
  Repeal Exemption for Trade-Ins                                                            $0                $0             $0
  Add food for home consumption                                                             $0                $0             $0
  Allow low income credit to offset food tax                                                $0                $0             $0
  Allow exemption for labor on nonresidential construction                                  $0                $0             $0
  Conform to National Sales Tax Streamlined Project                           0             $0                $0             $0
                                                      Total State Sales Tax             $7,209            $7,209             $0

 Local                                                                                  $2,107            $2,107             $0
  Add Business Services                                                                     $0                $0             $0
  Add Consumer Services                                                                     $0                $0             $0
  Add Financial Services                                                                    $0                $0             $0
  Repeal Exemption for Trade-Ins                                                            $0                $0             $0
  Add food for home consumption                                                             $0                $0             $0
  Allow exemption for labor on nonresidential construction                                  $0                $0             $0
 Conform to National Sales Tax Streamlined Project                                          $0                $0             $0
                                                     Total Local Sales Tax              $2,107            $2,107             $0

                                                           Total Sales Tax              $9,316            $9,316             $0


Personal Income Tax                                                                        $0                  $0            $0


Business & Occupation Tax                                                               $2,389            $2,389             $0
  Remove Preferential Tax Rates                                               0             $0                $0             $0
  Reduce Manufacturing Tax Rate from 0.484% to 0.2904%                        0             $0                $0             $0
 Eliminate Small business tax credit                                          0             $0                $0             $0
 Expand Small business tax credit from $420 to $1080                          0             $0                $0             $0
                                                                                        $2,389            $2,389             $0


Public Utility Taxes                                                                     $311               $311             $0

Property Tax
 State Property Tax                                                                     $1,650            $1,650             $0
 Local Property Tax                                                                     $5,782            $5,782             $0
 Additional Local Gov Property Tax                                                          $0                $0             $0
                                                        Total Property Tax              $7,432            $7,432             $0

Corporate Net Income Tax                                                                   $0                  $0            $0
    (Use equal weights for each apportionment factor)
Corporate Net Income Tax                                                                   $0                  $0            $0
    (Use double weight for the sales factor)
Business Value Added Tax                                                                   $0                  $0            $0

Goods and Services Tax                                                                     $0                  $0            $0
  Exempt food                                                                              $0                  $0            $0
  Exempt prescription drugs                                                                $0                  $0            $0
  Exempt medical services                                                                  $0                  $0            $0
                                            Total Goods and Services Tax                                       $0            $0

                                                                                                 Total for State             $0
                                                                                                 Total for Local             $0
                                                                                                 Grand Total                 $0



                                                                                           e0bbc26c-2847-4bd8-8d2c-6a58996c5776.xls
                                                    Household-Business



                   Share of Tax paid directly by Households and Business
                                Major State and Local Taxes
                                                 2007 Estimates (in Millions)


                                                      Share of Tax
                                                 by Household/Business

                                         0%             20%           40%               60%          80%             100%


               Current Tax System                             55%                                   45%

                       Alternative Tax
                                                              55%                                   45%
                           System

                Avg for 7 Western
                                                                    71%                                   29%
                     States *

                                                          Households             Business




                                               Shares                 Current Tax System            Alternative Tax System

Revenue Source                     Households       Business        Households         Business     Households       Business

Retail Sales Tax                         62%            38%                $5,772         $3,544           $5,772      $3,544

Personal Income Tax                      100%            0%                     $0            $0                $0          $0

Business & Occupation Tax                0%             100%                    $0        $2,389                $0     $2,389

Public Utility Taxes                     51%            49%                 $160            $151            $160         $151

Property Tax                             65%            35%                $4,801         $2,631           $4,801      $2,631

Corporate Net Income Tax                 0%             100%                    $0            $0                $0          $0

Business Value Added Tax
Tax wages at business level              0%             100%                    $0            $0                $0          $0
Tax wages at household level             54%            46%                     $0            $0                $0          $0

Goods and Services Tax                   80%            20%                     $0            $0                $0          $0

                                                                          $10,733         $8,716          $10,733      $8,716

                                                                             55%              45%            55%            45%

*Source: Utah State Tax Commisison, Western States' Tax Burdens FY1999-2000
Note: The Utah estimates were recalculated with unemployment insurance taxes and Washington removed.




                                                                                     e0bbc26c-2847-4bd8-8d2c-6a58996c5776.xls
                                                        Percent Reliance



                         Percentage Reliance on Major State and Local Taxes
                                    Major State and Local Taxes
                                                        2007 Estimates




                                                     Percent Reliance



        Current Tax System                          49%                        13%                 31%                7%


                                                                                                                     0%

     Alternative Tax System                         49%                        13%                 31%                7%




               U.S. Average             25%                11%               31%                       26%            8%



                              0%              20%                 40%               60%                80%                100%
                            General Sales Taxes      Selective Sales Taxes     Property       Income         Other




                                            Selective
                              General
                                             Sales          Property       Income         Other
                            Sales Taxes
                                             Taxes

Washington
Current Tax System                   49%             13%            31%            0%         7%
Alternative Tax System               49%
                                 $11,706             13%
                                                  $3,000            31%
                                                                 $7,432            0%
                                                                                   $0         7%
                                                                                          $1,600    $23,737                $0


Oregon                                0%            10%            35%         43%           12%
Idaho                                24%            10%            29%         28%            8%
California                           26%             9%            25%         32%            9%

U.S. Average                         25%            11%            31%         26%            8%




                                                                                        e0bbc26c-2847-4bd8-8d2c-6a58996c5776.xls
                                                                     Current Tax System



                                                   Tax Burden on Households
                                                         Major State and Local Taxes
Current Law
               Household Income           $0   $20,000     $30,000      $40,000      $50,000      $60,000   $70,000    $80,000   $100,000 over
                                     $20,000   $30,000     $40,000      $50,000      $60,000      $70,000   $80,000   $100,000   $130,000   $130,000

Retail Sales Tax                        $712      $991      $1,270        $1,537      $1,841       $1,962    $2,233     $2,545      $2,706     $3,972
Alcoholic Beverages Taxes                $30       $37         $42           $48         $90          $97       $97        $85       $111       $153

Cigarette & Tobacco Taxes               $135      $146        $136          $159          $170       $167      $135       $127        $95        $113
Insurance Premiums Tax                   $27       $42         $55           $67           $72        $80       $79        $90        $99        $119
Gasoline Tax                             $92      $127        $153          $178          $202       $230      $235       $252       $271        $308
Public Utility Taxes                     $70       $83         $91           $97          $105       $111      $115       $122       $131        $157

Property Tax                            $703      $918      $1,437        $1,942      $1,973       $2,488    $2,219     $2,781      $3,326     $4,447


                         Total Tax    $1,769    $2,344      $3,184        $4,028      $4,453       $5,135    $5,113     $6,002      $6,739     $9,269

               Tax as % of Income      14.2%      9.4%        9.3%          8.9%          8.1%       7.9%      6.9%       6.6%       6.0%        3.9%


Federal Tax Offset
                    For Sales Tax        -$1      -$14        -$37          -$91          -$145     -$179     -$226      -$356       -$487      -$421
                  For Property Tax        $0       -$7        -$31          -$92          -$131     -$204     -$197      -$358       -$569      -$458
                             Total       -$1      -$21        -$68         -$183          -$277     -$382     -$423      -$714     -$1,056      -$879

Total Tax with Federal Tax Offset     $1,768    $2,323      $3,116        $3,845      $4,176       $4,753    $4,690     $5,288      $5,683     $8,391

               Tax as % of Income      14.2%      9.3%        9.1%          8.5%          7.6%       7.3%      6.3%       5.8%       5.0%        3.6%




                                                                                                               e0bbc26c-2847-4bd8-8d2c-6a58996c5776.xls
                                                                      Alt Tax System



                                                   Tax Burden on Households
                                                         Major State and Local Taxes
Alternative
               Household Income           $0   $20,000     $30,000      $40,000        $50,000   $60,000   $70,000    $80,000   $100,000 over
                                     $20,000   $30,000     $40,000      $50,000        $60,000   $70,000   $80,000   $100,000   $130,000   $130,000

Retail Sales Tax                        $712      $991       $1,270      $1,537         $1,841    $1,962    $2,233     $2,545     $2,706      $3,972
Alcoholic Beverages Taxes                $30       $37          $42         $48            $90       $97       $97        $85       $111        $153

Cigarette & Tobacco Taxes               $135      $146        $136         $159           $170      $167      $135       $127        $95        $113
Insurance Premiums Tax                   $27       $42         $55          $67            $72       $80       $79        $90        $99        $119
Gasoline Tax                             $92      $127        $153         $178           $202      $230      $235       $252       $271        $308
Public Utility Taxes                     $70       $83         $91          $97           $105      $111      $115       $122       $131        $157

Property Tax                            $703      $918       $1,437      $1,942         $1,973    $2,488    $2,219     $2,781     $3,326      $4,447

Personal Income Tax                       $0        $0          $0            $0            $0        $0        $0         $0         $0          $0

Progressive VAT                           $0        $0          $0            $0            $0        $0        $0         $0         $0          $0

Goods and Services Tax                    $0        $0          $0            $0            $0        $0        $0         $0         $0          $0

                        Total Tax     $1,769    $2,344       $3,184      $4,028         $4,453    $5,135    $5,113     $6,002     $6,739      $9,269

Tax as % of Income                     14.2%      9.4%        9.3%         8.9%           8.1%      7.9%      6.9%       6.6%       6.0%       3.9%

Federal Tax Offset
                     For Sales Tax       -$1      -$14         -$37         -$91         -$145     -$179     -$226      -$356      -$487       -$421
                   For Income Tax         $0        $0           $0           $0            $0        $0        $0         $0         $0          $0
Greater of Sales Tax or Income Tax       -$1      -$14         -$37         -$91         -$145     -$179     -$226      -$356      -$487       -$421

                  For Property Tax        $0       -$7         -$31         -$92         -$131     -$204     -$197      -$358      -$569       -$458

                             Total       -$1      -$21         -$68       -$183          -$277     -$382     -$423      -$714     -$1,056      -$879

Total Tax with Federal Tax Offset     $1,768    $2,323       $3,116      $3,845         $4,176    $4,753    $4,690     $5,288     $5,683      $8,391

Tax as % of Income                     14.2%      9.3%        9.1%         8.5%           7.6%      7.3%      6.3%       5.8%       5.0%       3.6%




                                                                                                              e0bbc26c-2847-4bd8-8d2c-6a58996c5776.xls
                                                                       Difference



                                                     Tax Burden on Households
                                                          Major State and Local Taxes
Difference
               Household Income          $0    $20,000      $30,000    $40,000      $50,000    $60,000    $70,000     $80,000    $100,000 over
                                    $20,000    $30,000      $40,000    $50,000      $60,000    $70,000    $80,000    $100,000    $130,000   $130,000

Retail Sales Tax                         $0         $0           $0         $0           $0         $0         $0          $0          $0         $0
Alcoholic Beverages Taxes                $0         $0           $0         $0           $0         $0         $0          $0          $0         $0

Cigarette & Tobacco Taxes                $0         $0           $0         $0           $0         $0         $0          $0          $0         $0
Insurance Premiums Tax                   $0         $0           $0         $0           $0         $0         $0          $0          $0         $0
Gasoline Tax                             $0         $0           $0         $0           $0         $0         $0          $0          $0         $0
Public Utility Taxes                     $0         $0           $0         $0           $0         $0         $0          $0          $0         $0

Property Tax                             $0         $0           $0         $0           $0         $0         $0          $0          $0         $0

Personal Income Tax                      $0         $0           $0         $0           $0         $0         $0          $0          $0         $0

Progressive VAT                          $0         $0           $0         $0           $0         $0         $0          $0          $0         $0

Goods and Services Tax                   $0         $0           $0         $0           $0         $0         $0          $0          $0         $0

                       Total Tax         $0         $0           $0         $0           $0         $0         $0          $0          $0         $0

               Tax as % of Income      0.0%       0.0%         0.0%       0.0%         0.0%       0.0%       0.0%        0.0%        0.0%       0.0%

Federal Tax Offset
              Federal Tax Offset         $0         $0           $0         $0           $0         $0         $0          $0          $0         $0

                        Total Tax         $0         $0           $0         $0           $0         $0         $0          $0          $0         $0
               Tax as % of Income      0.0%       0.0%         0.0%       0.0%         0.0%       0.0%       0.0%        0.0%        0.0%       0.0%




                                                                                                             e0bbc26c-2847-4bd8-8d2c-6a58996c5776.xls
                                                              Summary



                                         Tax Burden on Households
                                         Major State and Local Taxes

  Household Income        $0   $20,000    $30,000   $40,000    $50,000   $60,000   $70,000    $80,000   $100,000 over
                     $20,000   $30,000    $40,000   $50,000    $60,000   $70,000   $80,000   $100,000   $130,000 $130,000

                                             Without Federal Tax Offset
                                                 Total Tax Amount
Current Law           $1,769    $2,344     $3,184    $4,028     $4,453    $5,135    $5,113     $6,002     $6,739    $9,269
Alternative           $1,769    $2,344     $3,184    $4,028     $4,453    $5,135    $5,113     $6,002     $6,739    $9,269
        Difference        $0        $0         $0        $0         $0        $0        $0         $0         $0        $0

                                             Tax as a Percent of Income
Current Law            14.2%      9.4%       9.3%      8.9%       8.1%      7.9%      6.9%       6.6%      6.0%       3.9%
Alternative            14.2%      9.4%       9.3%      8.9%       8.1%      7.9%      6.9%       6.6%      6.0%       3.9%
        Difference      0.0%      0.0%       0.0%      0.0%       0.0%      0.0%      0.0%       0.0%      0.0%       0.0%

                                               With Federal Tax Offset
                                                  Total Tax Amount
Current Law           $1,768    $2,323     $3,116    $3,845     $4,176    $4,753    $4,690     $5,288     $5,683    $8,391
Alternative           $1,768    $2,323     $3,116    $3,845     $4,176    $4,753    $4,690     $5,288     $5,683    $8,391
        Difference        $0        $0         $0        $0         $0        $0        $0         $0         $0        $0

                                             Tax as a Percent of Income
Current Law            14.2%      9.3%       9.1%      8.5%       7.6%      7.3%      6.3%       5.8%      5.0%       3.6%
Alternative            14.2%      9.3%       9.1%      8.5%       7.6%      7.3%      6.3%       5.8%      5.0%       3.6%
        Difference      0.0%      0.0%       0.0%      0.0%       0.0%      0.0%      0.0%       0.0%      0.0%       0.0%




                                                                                             e0bbc26c-2847-4bd8-8d2c-6a58996c5776.xls
                                                                                         Chart by Inc




                                                               Tax Burden on Households
                                                                      Major State and Local Taxes

                                16.0%


                                14.0%
Percent of Income paid in Tax




                                12.0%
                                                                                                                                                     Current Law
                                                                                                                                                     Alternative
                                10.0%


                                8.0%


                                6.0%


                                4.0%


                                2.0%


                                0.0%
                                         Up to    $20,000 to $30,000 to $40,000 to $50,000 to $60,000 to $70,000 to $80,000 to $100,000 to Over
                                        $20,000    $30,000    $40,000    $50,000    $60,000    $70,000    $80,000 $100,000 $130,000 $130,000

                                                                                  Household Income




                                                                                                                            e0bbc26c-2847-4bd8-8d2c-6a58996c5776.xls
                                                                                  Chart by Inc with Fed Offset




                                                               Tax Burden on Households
                                                                      Major State and Local Taxes
                                                                      Including Federal Tax Offset
                                16.0%


                                14.0%
Percent of Income paid in Tax




                                12.0%
                                                                                                                                                     Current Law
                                                                                                                                                     Alternative
                                10.0%


                                8.0%


                                6.0%


                                4.0%


                                2.0%


                                0.0%
                                         Up to    $20,000 to $30,000 to $40,000 to $50,000 to $60,000 to $70,000 to $80,000 to $100,000 to Over
                                        $20,000    $30,000    $40,000    $50,000    $60,000    $70,000    $80,000 $100,000 $130,000 $130,000

                                                                                  Household Income




                                                                                                                            e0bbc26c-2847-4bd8-8d2c-6a58996c5776.xls
                                                                                 Chart by Inc Dist




                                                          Tax Burden on Households
                                                                Major State and Local Taxes

                                16.0%


                                14.0%
Percent of Income paid in Tax




                                12.0%                                                                                                          Current Law
                                                                                                                                               Alternative
                                10.0%


                                8.0%


                                6.0%


                                4.0%


                                2.0%


                                0.0%
                                    10%   20%       30%         40%        50%         60%          70%       80%           90%      100%
                                                                        Household Percentiles
                                            Households are arrayed by income starting with lowest income households at left




                                                                                                                       e0bbc26c-2847-4bd8-8d2c-6a58996c5776.xls
                                                                           Chart by Dist with Fed Offset




                                                          Tax Burden on Households
                                                                Major State and Local Taxes
                                                                Including Federal Tax Offset
                                16.0%


                                14.0%
Percent of Income paid in Tax




                                12.0%                                                                                                          Current Law
                                                                                                                                               Alternative
                                10.0%


                                8.0%


                                6.0%


                                4.0%


                                2.0%


                                0.0%
                                    10%   20%       30%         40%        50%         60%          70%       80%           90%      100%
                                                                        Household Percentiles
                                            Households are arrayed by income starting with lowest income households at left




                                                                                                                       e0bbc26c-2847-4bd8-8d2c-6a58996c5776.xls
                                                Child deduction                personal exemption
                                                         0                          5000

AGIcode   Status   WEIGHT_2007AGILabel aveagi                       Childded
                                                avechildrenavephaseout         aveexp
                      749,061
                      621,394
                      346,872
                      227,125
                      126,153
                      179,423
                      189,584
                      105,473
                      304,777
                      277,437
                    3,127,298
                                          $10,000   single        -      25,000 Bracket1
                                          $20,000   joint         -      50,000 Bracket2
                                                                  -     100,000 Bracket3
                                                                  -
personal exemption         Earned income credit
                                      0

          ExemptionsSTDDED aveEIC        avebotax   TaxBase   Income1   Income2   Income3   Income4
                 2007                2007
      174,471,081,845                 -                               179,043,121,565
                                                    WAPOP

Tax   Total AGI          Total Tax                     WAPOPinc
                                            Ratioinctoagi         WeightedIncome         IncCat
         2,415,204,125               -                                  7,263,051,738    1 Total
       12,564,609,312                -                                 15,905,206,094   2 Total
       10,804,584,716                -                                 11,957,082,801   3 Total
         9,386,252,967               -                                  9,973,544,831   4 Total
         6,756,068,137               -                                  7,026,310,862   5 Total
       11,210,481,934                -                                 11,658,901,212   6 Total
       13,638,409,820                -                                 14,183,946,213   7 Total
         8,433,441,014               -                                  9,444,195,362   8 Total
       30,429,785,107                -                                 35,048,540,600   9 Total
       68,832,244,712                -                                 56,582,341,852   10 Total
      174,471,081,845                -                                179,043,121,565   Grand Total
              0.00%
              0.00%
              0.00%
              0.00%
              0.00%
              0.00%
              0.00%
              0.00%
              0.00%
              0.00%
Grand Total   0.00%
                                                                               Base Exp and Inc Tax




                                                           Up to $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $100,000
                                                          $20,00    to      to      to      to      to      to      to       to      Over
Base Expansion and Income Tax                               0    $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $100,000 $130,000 $130,000
Income                                                 $12,415
                                             Average income         $24,934     $34,210    $45,261    $54,950    $64,972    $73,965    $90,575    $113,128    $235,310

Percent of Households                                         16%       11%         13%        11%        10%         8%         7%        10%          7%          7%
Cumulative Percent of Households                              16%       28%         41%        52%        62%        70%        77%        87%         93%        100%
Number of persons                                         668,434   618,476     643,947    690,305    432,916    486,261    489,300    795,122     413,257     580,529
Number of Households                                      344,408   291,266     295,453    286,468    175,526    181,761    179,225    275,480     143,067     197,348
Average                                                      1.94      2.12        2.18       2.41
Low income credit for food tax               $0               -         -           -          -
                                                  -           -         -           -          -

  Add Business Services                               0        23         29          34         40         43         46         51         55          60          76
  Add Consumer Services                               0    0.27%      0.16%       0.15%      0.13%      0.13%      0.14%      0.13%      0.12%       0.11%       0.07%
  Add Financial Services                              0        51         68          86         99        105        119        128        144         234         606
Repeal Trade-In exemption                             0   0.080%     0.090%      0.070%     0.130%     0.100%     0.060%     0.070%     0.070%      0.070%      0.050%
                     Consumption Amount                         0          0           0          0          0          0          0          0           0           0
                                                                0          0           0          0          0          0          0          0           0           0

Add food for home consumption                As percent of Income at 2% rate
                                                    0    0.43%       0.26%         0.19%     0.16%      0.15%      0.14%      0.13%      0.11%       0.09%       0.05%
                                                0.0%        -          -             -         -          -          -          -          -           -           -

                                                        0.0008       8.4%
                                             As percent of Income at0.0009rate 0.0007       0.0013     0.0010     0.0006     0.0007     0.0007      0.0007      0.0005
                                                             10         22         24           59         55         39         52         63          79         118

Ratio of sales tax base to GST base                         1.81       1.77        1.69       1.68       1.60       1.60       1.58       1.56        1.53        1.53
Goods and Services Tax                                    15,328     20,844      25,587     30,721     35,049     37,321     41,948     47,238      49,215      72,470
  Exempt food                                         0      17%        15%         14%        14%        13%        13%        13%        12%         11%          8%
  Exempt prescription drugs                           0       3%         3%          2%         1%         1%         1%         1%         1%          1%          1%
  Exempt medical services                             0       6%         6%          6%         5%         5%         5%         5%         4%          4%          3%
                       Consumption Amount                       0          0           0          0          0          0          0          0           0           0
              Total Goods and Services Tax        0.0%        $0         $0          $0         $0         $0         $0         $0         $0          $0          $0



Property Tax                                              5.66%
                                             Percent of income        3.68%       4.20%      4.29%      3.59%      3.83%      3.00%      3.07%       2.94%       1.89%
Includes a portion of rent as property tax                 $703        $918      $1,437     $1,942     $1,973     $2,488     $2,219     $2,781      $3,326      $4,447
Homeowner portion                                           39%         55%         74%        81%        84%        90%        88%        92%         95%         97%

Personal Income Tax                                           $0         $0          $0         $0         $0         $0         $0         $0          $0          $0



                                                                                                                               e0bbc26c-2847-4bd8-8d2c-6a58996c5776.xls
                                                                            Base Exp and Inc Tax




Federal offset for state tax deductibility                 0.00     -0.01        -0.03      -0.06      -0.08      -0.09      -0.10      -0.14      -0.18      -0.11
                            Sales Tax Current            (0.71)   (13.87)      (36.83)    (90.68)   (145.44)   (178.54)   (225.53)   (356.30)   (487.08)   (421.03)
                                Sales Tax Alt            (0.71)   (13.87)      (36.83)    (90.68)   (145.44)   (178.54)   (225.53)   (356.30)   (487.08)   (421.03)
                         Property Tax Current            (0.27)    (7.10)      (30.96)    (92.45)   (131.22)   (203.58)   (197.00)   (357.76)   (568.74)   (457.75)
                              Property Tax Alt           (0.27)    (7.10)      (30.96)    (92.45)   (131.22)   (203.58)   (197.00)   (357.76)   (568.74)   (457.75)
                            State Income Tax               -         -            -          -          -          -          -          -          -          -

Progressive VAT

Average Income for households with wages                 10,486   25,265       35,093     45,031     55,052     64,989     74,373      89,457    113,545    317,595

Scaling Factor                                            1.184    0.987        0.975      1.005      0.998      1.000      0.995       1.012      0.996      0.741
Wages                                                     9,914   19,971       28,367     36,257     44,022     51,928     59,436      71,546     87,807    179,949
Scaled Wages                                             11,738   19,709       27,653     36,442     43,940     51,914     59,110      72,440     87,485    133,326

Progressive VAT Tax with ded                     0.00%      $0        $0           $0         $0         $0         $0         $0         $0          $0        $0
$10,000 deduction
$20,00 0deduction
$30,000 deduction
$40,000 deduction
$50,000 deduction




                                                                                                                             e0bbc26c-2847-4bd8-8d2c-6a58996c5776.xls
                                                 Dialog Rate Changes




Major State and Local Taxes
  Retail Sales Tax                                                                                      B&O Tax Rate
                                                                  OK                  100%
                                                                                                        (as a percent of current tax rates
         6.50%            State Sales Tax Rate
                                                                                                        Public Utility Tax Rate
                          Local Sales Tax Rate                 Cancel                 100%
         1.90%                                                                                          (as percent of current rate)
                                                                                                        State Property Tax
        Add Selected Business Services                                                100%
                                                                                                        (as a percent of current rate)
                                                    Add food for home
        Add Consumer Services                                                       Property Tax
                                                    consumption to sales tax
        Add Financial Services                      base at this rate                      Allow Local Govt an additional property tax
        Repeal Exemp for Trade-Ins                                                         equal to reduction in state property tax rate
                                                      0.00%
    Personal Income Tax
                                                                                           Allow prop tax levy growth at inflation rate
                 Do not add Personal Income Tax
                 Add Personal Income Tax
                                                                                           Do not allow an additional property tax

        Personal Exemption & Standard Deduction Options
                                                                                    Corporate Net Income Tax
        Personal Exemption                          $5,000
                                                                                        Apportionment Method: Three factor formula
         Standard Deduction- Single Returns         $10,000                             (Sales, Property, Payroll):

                                                                                                   Use equal weights for each factor
        Standard Deduction- Joint Returns           $20,000
                                                                                                   Use double weight for the sales factor
         Allow earned income tax credit = 10% of Fed EITC                                             Corporate Net Income Tax Rate
                                                                                   0.00%

         Personal Income Tax Rates and Brackets
                                                                                    Value Added Tax
           Rates                                Income Brackets
                                                                                                              Tax all VA at business level
         0.00%            On income up to:          $25,000                        0.00%
                                                                                                              Tax wages at household level
                          On income above bracket                                                              Exemption level for each business &
         0.00%            1 up to:                $50,000                          $30,000                     household)

                          On income above bracket
         0.00%                                    $100,000                     Goods and Services Tax               Exempt Food
                          2 up to:
                          Rate on income over bracket                                                               Exempt Prescription Drugs
                                                                                     0.00%
         0.00%            3 amount                                                                                  Exempt Medical Services




                                                        Page 21
                                 Dialog Rate Changes




e
 of current tax rates
Tax Rate
 current rate)
y Tax
 of current rate)


 nal property tax
 property tax rate

 at inflation rate


property tax




ree factor formula


for each factor
 for the sales factor

 ncome Tax Rate



VA at business level

ges at household level
tion level for each business &
 old)

xempt Food
xempt Prescription Drugs
xempt Medical Services




                                      Page 22
                                        Dialog Report Title




Report Description


            Type Short Report Description Here
      Alternative same as current law                          OK

                                                              Cancel


          General Description of the Alternative
       Alternative same as current law




                                             Page 23
                           Sheet1


0.00%   0.00%     0%   $10,000           $0        $0         $0
0.10%   0.05%     5%   $20,000       $1,000      $500     $5,000
0.20%   0.10%    10%   $30,000       $2,000    $1,000    $10,000
0.30%   0.15%    15%   $40,000       $3,000    $1,500    $15,000
0.40%   0.20%    20%   $50,000       $4,000    $2,000    $20,000
0.50%   0.25%    25%                 $5,000    $2,500    $25,000
0.60%   0.30%    30%                 $6,000    $3,000    $30,000
0.70%   0.35%    35%                 $7,000    $3,500    $35,000
0.80%   0.40%    40%                 $8,000    $4,000    $40,000
0.90%   0.45%    45%                 $9,000    $4,500    $45,000
1.00%   0.50%    50%                $10,000    $5,000    $50,000
1.10%   0.55%    55%                $11,000    $5,500    $55,000
1.20%   0.60%    60%                $12,000    $6,000    $60,000
1.30%   0.65%    65%                $13,000    $6,500    $65,000
1.40%   0.70%    70%                $14,000    $7,000    $70,000
1.50%   0.75%    75%                $15,000    $7,500    $75,000
1.60%   0.80%    80%                $16,000    $8,000    $80,000
1.70%   0.85%    85%                $17,000    $8,500    $85,000
1.80%   0.90%    90%                $18,000    $9,000    $90,000
1.90%   0.95%    95%                $19,000    $9,500    $95,000
2.00%   1.00%   100%                $20,000   $10,000   $100,000
2.10%   1.05%   105%                $21,000   $10,500   $105,000
2.20%   1.10%   110%                $22,000   $11,000   $110,000
2.30%   1.15%   115%                $23,000   $11,500   $115,000
2.40%   1.20%   120%                $24,000   $12,000   $120,000
2.50%   1.25%   125%                $25,000   $12,500   $125,000
2.60%   1.30%   130%                $26,000   $13,000   $130,000
2.70%   1.35%   135%                $27,000   $13,500   $135,000
2.80%   1.40%   140%                $28,000   $14,000   $140,000
2.90%   1.45%   145%                $29,000   $14,500   $145,000
3.00%   1.50%   150%                $30,000   $15,000   $150,000
3.10%   1.55%   155%                $31,000   $15,500   $155,000
3.20%   1.60%   160%                $32,000   $16,000   $160,000
3.30%   1.65%   165%                $33,000   $16,500   $165,000
3.40%   1.70%   170%                $34,000   $17,000   $170,000
3.50%   1.75%   175%                $35,000   $17,500   $175,000
3.60%   1.80%   180%                $36,000   $18,000   $180,000
3.70%   1.85%   185%                $37,000   $18,500   $185,000
3.80%   1.90%   190%                $38,000   $19,000   $190,000
3.90%   1.95%   195%                $39,000   $19,500   $195,000
4.00%   2.00%   200%                $40,000   $20,000   $200,000
4.10%   2.05%   205%                $41,000   $20,500
4.20%   2.10%   210%                $42,000   $21,000
4.30%   2.15%   215%                $43,000   $21,500
4.40%   2.20%   220%                $44,000   $22,000
4.50%   2.25%   225%                $45,000   $22,500
4.60%   2.30%   230%                $46,000   $23,000
4.70%   2.35%   235%                $47,000   $23,500
4.80%   2.40%   240%                $48,000   $24,000
4.90%   2.45%   245%                $49,000   $24,500
5.00%   2.50%   250%                $50,000   $25,000
5.10%   2.55%                       $51,000   $25,500


                          Page 24
                 Sheet1


 5.20%   2.60%              $52,000   $26,000
 5.30%   2.65%              $53,000   $26,500
 5.40%   2.70%              $54,000   $27,000
 5.50%   2.75%              $55,000   $27,500
 5.60%   2.80%              $56,000   $28,000
 5.70%   2.85%              $57,000   $28,500
 5.80%   2.90%              $58,000   $29,000
 5.90%   2.95%              $59,000   $29,500
 6.00%   3.00%              $60,000   $30,000
 6.10%   3.05%              $61,000   $30,500
 6.20%   3.10%              $62,000   $31,000
 6.30%   3.15%              $63,000   $31,500
 6.40%   3.20%              $64,000   $32,000
 6.50%   3.25%              $65,000   $32,500
 6.60%   3.30%              $66,000   $33,000
 6.70%   3.35%              $67,000   $33,500
 6.80%   3.40%              $68,000   $34,000
 6.90%   3.45%              $69,000   $34,500
 7.00%   3.50%              $70,000   $35,000
 7.10%   3.55%              $71,000   $35,500
 7.20%   3.60%              $72,000   $36,000
 7.30%   3.65%              $73,000   $36,500
 7.40%   3.70%              $74,000   $37,000
 7.50%   3.75%              $75,000   $37,500
 7.60%   3.80%              $76,000   $38,000
 7.70%   3.85%              $77,000   $38,500
 7.80%   3.90%              $78,000   $39,000
 7.90%   3.95%              $79,000   $39,500
 8.00%   4.00%              $80,000   $40,000
 8.10%   4.05%              $81,000   $40,500
 8.20%   4.10%              $82,000   $41,000
 8.30%   4.15%              $83,000   $41,500
 8.40%   4.20%              $84,000   $42,000
 8.50%   4.25%              $85,000   $42,500
 8.60%   4.30%              $86,000   $43,000
 8.70%   4.35%              $87,000   $43,500
 8.80%   4.40%              $88,000   $44,000
 8.90%   4.45%              $89,000   $44,500
 9.00%   4.50%              $90,000   $45,000
 9.10%   4.55%              $91,000   $45,500
 9.20%   4.60%              $92,000   $46,000
 9.30%   4.65%              $93,000   $46,500
 9.40%   4.70%              $94,000   $47,000
 9.50%   4.75%              $95,000   $47,500
 9.60%   4.80%              $96,000   $48,000
 9.70%   4.85%              $97,000   $48,500
 9.80%   4.90%              $98,000   $49,000
 9.90%   4.95%              $99,000   $49,500
10.00%   5.00%             $100,000   $50,000
10.10%   5.05%
10.20%   5.10%
10.30%   5.15%


                 Page 25
                 Sheet1


10.40%   5.20%
10.50%   5.25%
10.60%   5.30%
10.70%   5.35%
10.80%   5.40%
10.90%   5.45%
11.00%   5.50%
11.10%   5.55%
11.20%   5.60%
11.30%   5.65%
11.40%   5.70%
11.50%   5.75%
11.60%   5.80%
11.70%   5.85%
11.80%   5.90%
11.90%   5.95%
12.00%   6.00%
12.10%   6.05%
12.20%   6.10%
12.30%   6.15%
12.40%   6.20%
12.50%   6.25%
12.60%   6.30%
12.70%   6.35%
12.80%   6.40%
12.90%   6.45%
13.00%   6.50%
13.10%   6.55%
13.20%   6.60%
13.30%   6.65%
13.40%   6.70%
13.50%   6.75%
13.60%   6.80%
13.70%   6.85%
13.80%   6.90%
13.90%   6.95%
14.00%   7.00%
14.10%   7.05%
14.20%   7.10%
14.30%   7.15%
14.40%   7.20%
14.50%   7.25%
14.60%   7.30%
14.70%   7.35%
14.80%   7.40%
14.90%   7.45%
15.00%   7.50%




                 Page 26

				
DOCUMENT INFO
Description: Washington State Unemployment Insurance Tax Rate document sample