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Tax Structure

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State Government Tax Collections

Total Taxes

$37,661,144

Property Taxes

$45,114

General Sales and Gross Receipts Taxes

$7,395,083

Total Sales and Gross Receipts Taxes

$14,316,563

Alcoholic Beverage Taxes

$288,823

Insurance Premiums Taxes

$768,340

Motor Fuels Taxes

$1,872,635

Public Utilities Taxes

$476,061

Tobacco Products Taxes

$225,071

Other Selective Sales and Gross Receipts Taxes

$3,083,487

Alcoholic Beverages Licenses

$17,179

General Corporation Licenses

$81,818

Hunting and Fishing Licenses

$27,924

Motor Vehicle Licenses

$509,206

Motor Vehicle Operators Licenses

$44,446

Occupation and Business Licenses

$424,152

Other License Taxes

$63,959

Income Taxes

$21,473,737

Individual Income Taxes

$17,637,351

Corporation Net Income Taxes

$3,836,386

Other Taxes

$620,660

Documentary and Stock Transfer Taxes

$530,514

Severance Taxes

$5,866

Sources:

Federal Reserve Economic Data (FRED)