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Tax Structure

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State Government Tax Collections

Total Taxes

$36,754,617

Property Taxes

$54,712

General Sales and Gross Receipts Taxes

$7,097,323

Total Sales and Gross Receipts Taxes

$12,931,327

Alcoholic Beverage Taxes

$274,380

Insurance Premiums Taxes

$683,923

Motor Fuels Taxes

$1,596,148

Public Utilities Taxes

$491,211

Tobacco Products Taxes

$278,758

Other Selective Sales and Gross Receipts Taxes

$2,470,888

Alcoholic Beverages Licenses

$16,474

General Corporation Licenses

$78,259

Hunting and Fishing Licenses

$26,942

Motor Vehicle Licenses

$471,211

Motor Vehicle Operators Licenses

$78,868

Occupation and Business Licenses

$313,906

Other License Taxes

$67,397

Income Taxes

$21,711,446

Individual Income Taxes

$19,732,749

Corporation Net Income Taxes

$1,978,697

Other Taxes

$966,153

Documentary and Stock Transfer Taxes

$853,896

Severance Taxes

$3,831

Sources:

Federal Reserve Economic Data (FRED)