Businesses pay the bulk of all state and local taxes, and among major industries, the tax payments of manufacturers rank a close second behind the much larger services sector. Between FY 2005 and FY 2012, total state and local taxes paid by manufacturers rose 27 percent. Of the more than $649 billion in business tax revenues collected by local and state governments in FY 2012, nearly 14 percent was derived from manufacturing firms. That is more than the tax revenues collected from the food service and communications sectors combined.

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