| All states also have their own tax system. | | | | personal property within the boundaries of |
| Typically there is a tax on real estate, and | | | | the state. Automobile and boat registration |
| there may be additional income taxes, sales | | | | fees are a subset of this tax; however, most |
| taxes, and excise taxes. Oil and mineral | | | | people are unaware that practically all |
| producing states often have a severance tax, | | | | personal property is also subject to personal |
| which is similar to an excise tax in that tax | | | | property tax. Usually, household goods are |
| is paid on products produced, rather than on | | | | exempt; but virtually all objects of value |
| sales. Taxes on hotel rooms are common, and | | | | (including art) are covered, especially when |
| politically popular because the taxpayers | | | | regularly used or stored outside of the |
| usually do not vote in the jurisdiction | | | | taxpayer's household. |
| levying the tax. | | | | |
| | | | States permit the creation of special |
| These states do not levy an individual income | | | | assessment districts (typically for provision |
| tax: Alaska, Florida, Nevada, South Dakota, | | | | of water or removal of sewage, or for parks, |
| Texas, Washington, and Wyoming. New Hampshire | | | | public transit or schools) whose boundaries |
| and Tennessee only tax interest and dividend | | | | may be independent of other boundaries and |
| income. Delaware, Oregon, Montana and New | | | | whose income may be from one or more of |
| Hampshire have no state or local sales tax. | | | | service assessments, property taxes, parcel |
| Alaska has no state sales tax, but allows | | | | taxes, a portion of road or bridge tolls, or |
| localities to collect their own sales taxes | | | | an additional increment upon sales taxes in |
| up to a state-specified maximum. California | | | | addition to the non-tax fees for services |
| has all the mentioned taxes, with the result | | | | provided (such as metered water). State |
| that tax liability often exceeds 51% of | | | | government is financed mainly by a mix of |
| income for many California residents. | | | | sales and/or income taxes and to a lesser |
| | | | extent by corporate registration fees, |
| Many states also levy personal property | | | | certain excise taxes, and automobile license |
| taxes, which are annual taxes on the | | | | fees. |
| privilege of owning or possessing items of | | | | |