The state Department of Revenue issued a report today that ranks Washington in terms of taxes its residents pay. Here's the news release:

Washington ranks 26th highest nationally in state and local taxes as a percentage of personal income, and 32nd highest in property taxes, according to newly released federal data covering Fiscal Year 2007.

Washingtonians paid $109.35 in state and local taxes per $1,000 of personal income, compared to a national average of $113.32. Of that, $29.25 went to property taxes, compared to a national average of $34.04.

Washington ranked 15th in state and local taxes per capita at $4,269, $35 more than the national average of $4,234. Washington ranked 27th per capita in property taxes at $1,143, $129 less than the national average of $1,272.

The FY2007 figures do not reflect the current downturn in the economy, which largely won't show up until the Fiscal Year 2009 information is available for all states.

The report was released as voters are deciding Initiative 1033, which would limit tax-revenue increases by state and local governments to inflation plus population growth. Any revenues above the limit would be used to reduce property taxes.

The annual report, based on data published by the Census Bureau and Bureau of Economic Analysis, can be found here.