Reference no: EM132650734

Problem - Use internet tax resources to address the following questions. Look for reliable websites and blogs of the IRS and other government agencies, media outlets, businesses, tax professionals, academics, think tanks, and political outlets.

Identify three states considered to be in the same economic region as your own. For each of the three states, answer the following questions. Answers to most can be found at.

What is the overall tax burden per capita, and where does it rank among all states?

What is the overall tax burden as a percentage of personal income, and where does it rank among all states?

From what source(s) does it raise most of its revenues (e.g., sales/use tax, highway tolls)? In what proportions?

What is the highest marginal tax rate on corporate income?

What is its apportionment formula, including factors and weights?

Summarize your findings in a Microsoft Excel spreadsheet, and submit it to your instructor.