State Government Tax Collections up $57 Billion in 2005
State Government Tax Collections up $57 Billion in 2005
State government tax collections reached nearly $649 billion in fiscal year 2005, a $57 billion (9.7 percent) increase from 2004, the Census Bureau reported.
According to data from the 2005 Annual Survey of State Government Tax Collections, taxes on individual income were $221 billion, up 12.6 percent; and general sales taxes were $212 billion, up 7.2 percent. These taxes made up more than two-thirds of all state tax collections.
Nationally, per capita taxes collected by states averaged $2,192. Among individual states, per capita taxes were highest in Vermont, $3,600; followed by Hawaii, $3,478; Wyoming, $3,418; Connecticut, $3,300; and Delaware, $3,229. The lowest per capita tax collections were in South Dakota, $1,430; Texas, $1,434; New Hampshire, $1,544; Colorado, $1,640; and Missouri, $1,645.
Among other major taxes, corporation net income taxes increased 28 percent, followed by documentary and stock transfer taxes, 27.4 percent, and severance taxes, 26.4 percent.
The data used in the tabulations came from state government records. These are state government taxes only and do not include local government taxes. As such, they are not subject to sampling error. Although quality assurance methods were applied to all phases of data collection and processing, the data are subject to nonsampling error, including errors of response and miscoding. For information, visit the Census Bureaus Web site at: http://www.census.gov/govs/www/index.html .