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Tax Structure

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State Government Tax Collections

Total Taxes

$10,329,507

Property Taxes

$31,278

General Sales and Gross Receipts Taxes

$5,022,568

Total Sales and Gross Receipts Taxes

$6,589,440

Alcoholic Beverage Taxes

$42,152

Insurance Premiums Taxes

$436,639

Motor Fuels Taxes

$458,712

Public Utilities Taxes

$1,812

Tobacco Products Taxes

$127,500

Other Selective Sales and Gross Receipts Taxes

$297,005

Alcoholic Beverages Licenses

$1,443

General Corporation Licenses

$9,530

Hunting and Fishing Licenses

$3,264

Motor Vehicle Licenses

$205,977

Motor Vehicle Operators Licenses

$5,258

Public Utilities Licenses

$8,134

Occupation and Business Licenses

$106,643

Other License Taxes

$68,149

Income Taxes

$3,230,769

Individual Income Taxes

$2,412,412

Corporation Net Income Taxes

$818,357

Other Taxes

$49,934

Severance Taxes

$49,934

Sources:

Federal Reserve Economic Data (FRED)