TABLE D. PERCENTAGE DISTRIBUTION OF STATE AND LOCAL TAX EXPENSES OF ALL INSURED COMMERCIAL BANKS IN 1969, BY STATE, CHARTER STATUS OF BANK, AND MEASURE OF TAX-Con. TABLE E.-RATIOS OF TOTAL STATE AND LOCAL TAX EXPENSES OF ALL INSURED COMMERCIAL BANKS TO SELECTED INCOME STATEMENT AND BALANCE SHEET ITEMS, 1969 TABLE E.-RATIOS OF TOTAL STATE AND LOCAL TAX EXPENSES OF ALL INSURED COMMERCIAL BANKS TO SELECTED INCOME STATEMENT AND BALANCE SHEET ITEMS, 1969-Continued 1 Denominator for this ratio is net income before income taxes and securities gains or losses, as shown on Consolidated Report of Income for 1969, plus all State and local taxes reported on the survey except income taxes. 2 Denominator for this ratio is net income after all taxes, securities gains or losses, and all other charges or credits, as shown on Consolidated Report of Income for 1969. 8 Both total assets and equity capital are from June 30, 1969, Report of Condition. TABLE F. SELECTED RATIOS RELATING TO LEVEL OF BANK TAXES AND OF TOTAL STATE AND LOCAL TAX REVENUE, BY STATE 1 Bureau of the Census, "Governmental Finances in 1968-69" (1970), pp. 31-33. 2 Calculated from data obtained in the survey of bank tax expense. 3 Advisory Commission on Intergovernmental Relations, "Measuring the Fiscal Capacity and Effort of State and Local Areas," pp. 130-131, 209. Note: For the summary distribution in table 15, supra, States are grouped by major regions as follows Northeast (9): Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. North central (12): Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. South (17): Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia. West (13): Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. |