Showing posts with label tax revenue. Show all posts
Showing posts with label tax revenue. Show all posts

Tuesday, April 21, 2015

State Government Tax Revenue Rises for Fourth Year in a Row


Gas Money
      State government tax revenue increased 2.2 percent, from $847.1 billion in fiscal year 2013 to $865.8 billion in 2014, the fourth consecutive increase, according to the U.S. Census Bureau’s 2014 Annual Survey of State Government Tax Collections.
      General sales and gross receipts taxes drove most of the revenue growth, increasing from $258.9 billion to $271.3 billion, or 4.8 percent. Severance taxes increased 6.0 percent, from $16.8 billion to $17.8 billion, and motor fuel taxes increased 3.4 percent, from $40.1 billion to $41.5 billion.
      “The Annual Survey of State Government Tax Collections provides a comprehensive look at the fiscal health of state governments,”

Friday, August 9, 2013

State Tax Revenues Up But Volatility Continues

Albany, N.Y.- States' tax collections have been growing for 13 straight quarters now. While inflation-adjusted state tax revenues are presently above the recessionary peaks, states continue to face fiscal challenges, particularly due to artificially propped-up personal income tax revenues, according to the latest State Revenue Report from the Rockefeller Institute of Government.

State tax revenues were up 8.6 percent for the first quarter of 2013 compared to the same period of 2012, according to the report by Lucy Dadayan and Donald J. Boyd. States reported the largest growth in personal income tax collections at 18.4 percent, largely due to the acceleration of income into calendar year 2012.

Tuesday, July 2, 2013

Quarterly Summary of State & Local Tax Revenue

This summary shows quarterly tax revenue statistics on property, sales, license, income and other taxes. Statistics are shown for individual state governments as well as national estimates of total state and local taxes, including 12-month calculations. This quarterly survey has been conducted continuously since 1962.

Tuesday, March 26, 2013

State and Local Government Tax Revenue: 4th Quarter 2012

This summary shows quarterly tax revenue statistics on property, sales, license, income and other taxes. Statistics are shown for individual state governments as well as national estimates of total state and local taxes, including 12-month calculations. This quarterly survey has been conducted continuously since 1962. Internet address:

Thursday, April 12, 2012

The Internal Revenue Service 2011 Data Book

Letter from the Commissioner

The 2011 Internal Revenue Service Data Book [PDF] details IRS activities for Fiscal Year 2011 (October 1, 2010, through September 30, 2011). This annual report catalogs the many ways in which our dedicated employees serve the American taxpayer.

During Fiscal Year 2011, the IRS processed more than 234 million returns, including individual income, corporate income, and employment income tax returns. We provided nearly $416 billion in refunds to these taxpayers and collected $2.4 trillion in Federal revenue.
We provided taxpayer assistance through 319 million visits to IRS.gov and assisted nearly 83 million taxpayers via our toll-free telephone helpline or at walk-in sites. Of the more than 143 million individual income tax returns processed, 77 percent were filed electronically.

Friday, September 30, 2011

Quarterly Summary of State & Local Tax Revenue

2nd Quarter Summary of State and Local Government Tax Revenue — This summary shows quarterly tax revenue statistics on property, sales, license, income and other taxes. Statistics are shown for individual state governments as well as national estimates of total state and local taxes, including 12-month calculations. This quarterly survey has been conducted continuously since 1962.