| Economic Outlook Data |
|
Overall Outlook Rank
|
34th
|
18th
|
|
Top Marginal Personal Income Tax Rate
|
6.81%
|
3.00%
|
|
Top Marginal Corporate Income Tax Rate
|
13.80%
|
4.35%
|
|
Personal Income Tax Progressivity
(change in tax liability per $1,000 of income)
|
$0.00
|
$5.00
|
|
Property Tax Burden
(per $1,000 of personal income)
|
$26.44
|
$18.98
|
|
Sales Tax Burden
(per $1,000 of personal income)
|
$19.00
|
$41.25
|
|
Remaining Tax Burden
(per $1,000 of personal income)
|
$22.99
|
$16.57
|
|
Estate / Inheritance Tax Levied?
|
Yes
|
No
|
|
Recently Legislated Tax Changes
|
-$0.33
|
-$2.60
|
|
Debt Service as a Share of Tax Revenue
|
4.42%
|
3.89%
|
|
Public Employees Per 10,000 of Population
(full-time equivalent)
|
415.72
|
544.03
|
|
State Liability System Costs
(as a share of state GDP)
|
2.14%
|
2.65%
|
|
State Minimum Wage
(federal floor is $7.25)
|
$7.25
|
$7.25
|
|
Average Workers' Compensation Costs
(per $100 of payroll)
|
$1.14
|
$1.41
|
|
Right-to-Work State?
(option to join or support a union)
|
No
|
Yes
|
|
Tax Expenditure Limits
|
0
|
2
|
| Economic Performance Data |
| Overall Performance Rank |
45
|
50
|
| State Gross Domestic Product |
47.25%
|
36.03%
|
| Absolute Domestic Migration |
-218,947
|
-228,437
|
| Non-Farm Payroll Employment |
4.88%
|
-1.42%
|
|
Pennsylvania Profile
|
Louisiana Profile
|
