How to file tax returns in the United States

Most of the US government's fiscal revenue comes from taxes, among which personal income tax accounts for the largest proportion. Personal income tax includes federal tax, state tax and local tax. The federal tax rate is consistent throughout the country, but the state tax rate is different from the local tax rate.

The federal, state and local governments in the United States implement a thorough tax-sharing system according to the division of powers and responsibilities. The federal and state legislates separately, and local taxes are determined by the state. The three levels of taxation are separated and managed separately.

Extended data:

American tax system structure:

Customs duties are taxes that the customs authorities are responsible for. The tax system at the state level is not completely consistent, generally including sales tax, income tax, property tax, inheritance tax, motor vehicle license plate tax, state consumption tax and so on.

1, mainly local property taxes, in addition to business tax and license tax levied on the use of power supply telephones by hotels.

2. In 1980s, the total tax revenue of American governments at all levels accounted for 26-28% of GDP.

3. The tax revenue of governments at all levels accounts for more than 80% of the total fiscal revenue, while the tax revenue of the federal government accounts for more than 90% of the fiscal revenue.

4. 1988, of the total federal tax revenue, personal income tax accounts for 45.36%, corporate tax accounts for 10.68%, and social insurance tax accounts for 37.26%.

5. Of the total tax revenue at the state level, 1986 taxed 59.62% on goods and services, 28.97% on individuals and1.83% on companies;

6. Of the total tax revenue at the local level, property tax accounts for 70.04%, goods and services tax accounts for 20.0 1%, and personal income tax accounts for 5.89%.

Baidu Encyclopedia-American tax system