596/Maryland Manual
Base Subject to State Tax and Resulting Revenues
(In Thousands)
1916-1981
|
State Rates
|
|
|
|
State Rates
|
|
|
Year
|
Per $100
|
Base
|
Revenue
|
Year
|
Per $100
|
Base
|
Revenue
|
1916 ..........
|
.32333
|
966,017
|
3,123
|
1950 ..........
|
.12390
|
4,162,584
|
5,157
|
1917 ..........
|
.36417
|
1,005,384
|
3,661
|
1951 ..........
|
.06000
|
4,585,556
|
2,751
|
1918 ..........
|
.36750
|
1,151,142
|
4,230
|
1952 ..........
|
.06250
|
5,129,252
|
3,206
|
1919 ..........
|
.36431
|
1,186,529
|
4,323
|
1953 ..........
|
.06040
|
5,769,236
|
3,485
|
1920 ..........
|
.36431
|
1,277,958
|
4,656
|
1954 ..........
|
.05670
|
6,189,987
|
3,510
|
1921 ..........
|
.35333
|
1,365,638
|
4,825
|
1955 ..........
|
.11000
|
6,489,209
|
7,138
|
1922 ..........
|
.35000
|
1,452,168
|
5,083
|
1956 ..........
|
.10900
|
7,206,941
|
7,856
|
1923 ..........
|
.30333
|
1,622,679
|
4,922
|
1957 ..........
|
.14250
|
7,896,128
|
11,252
|
1924 ..........
|
.30154
|
1,741,322
|
5,251
|
1958 ..........
|
.14250
|
8,451,024
|
12,043
|
1925 ..........
|
.27343
|
1,871,967
|
5,119
|
1959 ..........
|
.13420
|
8,863,525
|
11,895
|
1926 ..........
|
.27343
|
1,993,278
|
5,450
|
1960 ..........
|
.13750
|
9,496,504
|
13,058
|
1927 ..........
|
.27393
|
2,117,303
|
5,800
|
1961 ..........
|
.15000
|
10,010,774
|
15,016
|
1928 ..........
|
.25640
|
2,294,479
|
5,883
|
1962 ..........
|
.15000
|
10,663,297
|
15,995
|
1929 ..........
|
.25740
|
2,402,649
|
6,184
|
1963 ..........
|
.15000
|
11,403,801
|
17,106
|
1930 ..........
|
.25000
|
2,421,678
|
6,054
|
1964 ..........
|
.15000
|
12,218,409
|
18,328
|
193) ..........
|
.25000
|
2,423,169
|
6,030
|
1965 ..........
|
.18000
|
13,032,553
|
23,459
|
1932 ..........
|
.25000
|
2,337,928
|
5,845
|
1966 ..........
|
.15000
|
14,181,962
|
21,272
|
1933 ..........
|
.25000
|
2,251,171
|
5,628
|
1967 ..........
|
.17000
|
15,352,428
|
26,099
|
1934 ..........
|
.22000
|
2,203,209
|
4,847
|
1968 ..........
|
.17000
|
15,948,343
|
27,112
|
1935 ..........
|
.22000
|
2,213,785
|
4,870
|
1969 ..........
|
.20000
|
17,105,010
|
34,210
|
1936 ..........
|
.22000
|
2,238,610
|
4,925
|
1970 ..........
|
.18000
|
18,498,303
|
33,297
|
1937 ..........
|
.22250
|
2,293,233
|
5,102
|
1971 ..........
|
.18000
|
19,930,830
|
35,875
|
1938 ..........
|
.23010
|
2,317,787
|
5,333
|
1972 ..........
|
.21000
|
21,664,958
|
45,496
|
1939 ..........
|
.23350
|
2,343,512
|
5,472
|
1973 ..........
|
.21000
|
23,941,491
|
50,277
|
1940 ..........
|
.23350
|
2,474,362
|
5,778
|
1974 ..........
|
.21000
|
25,117,906
|
52,748
|
1941 ..........
|
.23350
|
2,562,416
|
5,983
|
1975 ..........
|
.21000
|
28,518,793
|
59,889
|
1942 ..........
|
.14000
|
2,709,985
|
3,794
|
1976 ..........
|
.23000
|
31,649,860
|
72,795
|
1943 ..........
|
.12750
|
2,865,080
|
3,653
|
1977 ..........
|
.23000
|
34,539,778
|
79,441
|
1944 ..........
|
.12000
|
2,882,310
|
3,459
|
1978 ..........
|
.20000
|
36,386,387
|
72,773
|
1945 ..........
|
.12000
|
2,939,666
|
3,528
|
1979 ..........
|
.20000
|
41,586,107
|
83,172
|
1946 ..........
|
.10000
|
3,000,375
|
3,001
|
1980 ..........
|
.20000
|
44,365,633
|
88,731
|
1947 ..........
|
.10000
|
3,153,231
|
3,153
|
1981 ..........
|
.21000
|
47,764,406
|
100,305
|
1948 ..........
|
.11130
|
3,481,527
|
3,875
|
1982 ..........
|
.21000
|
52,350,608
|
109,936
|
1949 ..........
|
.11150
|
3,897,478
|
4,346
|
1983 ..........
|
.21000
|
56,724,813
|
119,122*
|
•Estimated.
'For State Tax rates of assessed property, 1841-1915, see Maryland Manual 1983-1984.
Data Source: State Department of Assessments and Taxation.
|
|