Wireless tax burden averages 17% in US
Apr 15 2005 - 12:31 PM ET | In The News
It's April 15th, the last day US tax returns can be post marked, but income tax isn't everything. CTIA notes
that the average tax rate on wireless service in the US is 17%. In some states, like Florida and New York, taxes total over 20%. Look up your taxes by using this website
bq. But while the average wireless tax burden hovers around 17%, the average tax paid on other goods and services stands at only 7%. In fact, since 2003 the tax rate on wireless service has increased nine times faster than the rate on other goods and services.
Nevada has the least amount of tax, just 6.62% of which most is Federal.