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How much money does the state of Washington have?

Washington only has $62.9 billion of assets available to pay bills totaling $72.2 billion. Because Washington doesnt have enough money to pay its bills, it has a -$9.2 billion financial hole. To fill it, each Washington taxpayer would have to send -$3,200 to the state.

What is Washingtons main source of income?

Leading economic sectors are government, real estate and rental leasing, and information; manufacturing comes fourth (8.6% of the states GDP). Fruit and vegetable production, and hydroelectric power, are other important sectors. Important firms based in Washington include Starbucks, Amazon, Costco, and Microsoft.

What is Washingtons main source of income?

Leading economic sectors are government, real estate and rental leasing, and information; manufacturing comes fourth (8.6% of the states GDP). Fruit and vegetable production, and hydroelectric power, are other important sectors. Important firms based in Washington include Starbucks, Amazon, Costco, and Microsoft.

Which US state generates the most revenue?

U.S. state government tax revenue FY 2022, by state In the fiscal year of 2022, the state of California collected a total of 280.83 billion U.S. dollars in tax revenue, the highest of any state.

What are the 3 largest sources of state revenue?

State and local governments collect tax revenues from three primary sources: income, sales, and property taxes.

How much revenue does Washington State generate?

Washingtons combined state and local general revenues were $100.0 billion in FY 2021, or $12,948 per capita. National per capita general revenues were $12,277. Washington does not levy an individual income tax or corporate income tax but does have a gross receipts tax.

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