TAX STUDY STATES' 7/1/94- 6/30/95 TAX REVENUES (% of Total Revenues)

(Including State Taxes, Local Property, Local Sales and Local Income Taxes)

TAXES AND FEES

CT

FL

MA

ME

MN

NC

NH

NY

OR

WI

WA

VT

12 STATE AVG

State and Local Property Taxes

37.91%

40.30%

32.95%

41.25%

30.88%

21.44%

58.54%

34.89%

34.72%

36.68%

32.22%

44.85%

34.76%

State and Local Personal Income Taxes

1

20.56%

0.00%

34.53%

21.25%

26.99%

29.68%

1.71%

30.04%

43.17%

27.34%

0.00%

17.43%

22.57%

Corporate Income Tax

5.81%

3.07%

6.97%

2.10%

4.91%

5.72%

7.53%

3.91%

4.64%

4.66%

0.00%

3.36%

4.18%

Sales- State and Local- Taxes

2

22.05%

37.38%

14.74%

21.58%

24.21%

27.66%

12.91%

22.82%

0.00%

18.85%

51.30%

19.56%

25.59%

Total Excise Taxes

3

1.33%

3.14%

1.71%

2.62%

1.67%

1.29%

2.50%

1.37%

2.10%

1.55%

2.47%

1.96%

1.84%

Motor Fuel Tax

3.47%

4.35%

3.34%

5.10%

3.71%

5.77%

4.60%

0.73%

5.38%

4.56%

4.73%

4.01%

3.13%

Total MV Licenses

1.86%

2.82%

1.82%

2.20%

3.69%

2.39%

2.77%

0.87%

4.34%

1.67%

1.83%

2.95%

1.93%

Total Other Taxes

6.25%

7.48%

3.29%

2.29%

2.39%

3.95%

7.15%

4.95%

2.51%

3.31%

5.83%

4.33%

4.86%

Total Business Licenses

0.63%

1.26%

0.43%

1.09%

1.19%

1.91%

1.72%

0.33%

2.73%

0.95%

1.16%

1.02%

0.90%

Total Other Licenses

0.13%

0.21%

0.23%

0.52%

0.36%

0.19%

0.58%

0.09%

0.42%

0.42%

0.47%

0.53%

0.23%

@ SUM TOTAL

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%

100%