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Tax Structure

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State Government Tax Collections

Total Taxes

$37,124,084

Property Taxes

$49,635

General Sales and Gross Receipts Taxes

$7,427,094

Total Sales and Gross Receipts Taxes

$14,028,519

Alcoholic Beverage Taxes

$282,498

Insurance Premiums Taxes

$733,514

Motor Fuels Taxes

$1,815,165

Public Utilities Taxes

$485,809

Tobacco Products Taxes

$246,243

Other Selective Sales and Gross Receipts Taxes

$2,920,520

Alcoholic Beverages Licenses

$16,845

General Corporation Licenses

$81,072

Hunting and Fishing Licenses

$26,758

Motor Vehicle Licenses

$522,083

Motor Vehicle Operators Licenses

$46,732

Occupation and Business Licenses

$520,392

Other License Taxes

$65,532

Income Taxes

$21,014,676

Individual Income Taxes

$16,645,280

Corporation Net Income Taxes

$4,369,396

Other Taxes

$669,746

Documentary and Stock Transfer Taxes

$560,314

Severance Taxes

$3,538

Sources:

Federal Reserve Economic Data (FRED)