Tax day: by the numbers.

PositionTRENDS & TRANSITIONS - Brief article

1862

The year President Lincoln signed into law the nation's first federal income tax to help pay for the Civil War

3%

Tax rate on incomes between $600 and $10,000 in 1862. The rate increased to 5% for incomes of more than $10,000

90%

Portion of revenue that came from taxes on liquor, beer, wine and tobacco between 1868 and 1913

7

States with no personal income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming. New Hampshire and Tennessee tax only dividend and interest income

11.8%

Average percentage of income New Jerseyans pay annually in income, sales and property taxes, the highest in the nation, followed by New York (11.7 %) and Connecticut (11.1%)

6.4%

Average tax burden in Alaska, the lowest in the nation, followed by Nevada (6.6 %), Wyoming (7 %)? Florida (7.4 %) and New Hampshire (7.6 %)

$794.6 BILLION

State tax collections in 2012, surpassing the...

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