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Tax Structure

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State Government Tax Collections

Total Taxes

$82,259,732

General Sales and Gross Receipts Taxes

$48,866,003

Total Sales and Gross Receipts Taxes

$66,917,512

Alcoholic Beverage Taxes

$1,655,325

Insurance Premiums Taxes

$3,121,923

Motor Fuels Taxes

$3,783,904

Pari-Mutuels Taxes

$5,059

Public Utilities Taxes

$748,572

Tobacco Products Taxes

$1,210,716

Other Selective Sales and Gross Receipts Taxes

$7,508,290

Alcoholic Beverages Licenses

$104,801

General Corporation Licenses

$276,856

Hunting and Fishing Licenses

$117,390

Motor Vehicle Licenses

$2,262,141

Motor Vehicle Operators Licenses

$180,069

Public Utilities Licenses

$45,765

Occupation and Business Licenses

$1,209,890

Other License Taxes

$185,892

Other Taxes

$10,945,517

Severance Taxes

$10,945,517

Sources:

Federal Reserve Economic Data (FRED)