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Tax Structure

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State Government Tax Collections

Total Taxes

$86,776,159

General Sales and Gross Receipts Taxes

$53,676,012

Total Sales and Gross Receipts Taxes

$73,385,806

Alcoholic Beverage Taxes

$1,788,584

Insurance Premiums Taxes

$4,064,627

Motor Fuels Taxes

$3,832,081

Pari-Mutuels Taxes

$5,059

Public Utilities Taxes

$827,995

Tobacco Products Taxes

$1,218,337

Other Selective Sales and Gross Receipts Taxes

$7,956,607

Alcoholic Beverages Licenses

$95,993

General Corporation Licenses

$272,556

Hunting and Fishing Licenses

$117,216

Motor Vehicle Licenses

$2,312,954

Motor Vehicle Operators Licenses

$186,578

Public Utilities Licenses

$21,292

Occupation and Business Licenses

$664,562

Other License Taxes

$185,526

Other Taxes

$9,520,235

Severance Taxes

$9,520,235

Sources:

Federal Reserve Economic Data (FRED)