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4.8 percent

The effective state and local tax rate for businesses was 4.8 percent of the private-sector gross state product in fiscal year 2012, according to the Council on State Taxation.

The effective state and local tax rate for businesses was 4.8 percent of the private-sector gross state product in fiscal year 2012, according to the Council on State Taxation.

Daniel Luzer is GOVERNING's news editor.
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