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Learn about historical state sales tax rates for the state of Texas.
The local sales and use tax rate history shows the current and prior sales tax rates imposed by a local jurisdiction, along with the effective date and end date of each tax.
The general sales tax had become the foundation of the Texas tax system, accounting for almost 60 percent of all state tax revenue by 1992. Revenue had increased from $149 million in 1961 to $7.59 billion in 1990.
Combined with the state sales tax, the highest sales tax rate in Texas is 8.25% in the cities of Houston, Dallas, San Antonio, Austin and El Paso (and 1097 other cities).
The United States' corporate tax rate was at its highest, 52.8 percent, in 1968 and 1969. The top rate was hiked last in 1993 to 35 percent. [70] Under the Tax Cuts and Jobs Act of 2017, the rate adjusted to 21 percent.
The tradition of levying sales taxes survived long after the Roman Empire fell, with medieval kingdoms such as Spain collecting a general sales tax from 1342 through the 18th century that ultimately reached as high as 15%.
11 lip 2014 · Generally, states imposed sales taxes as a supplemental revenue source to existing personal or corporate income taxes. However, eleven states (mostly in the Rust Belt and the Northeast) adopted a sales tax before their individual income tax, and eight states did so before their corporate income tax.
