Wednesday, April 27, 2005
Tweet[IWS] Census: STATE GOVERNMENT TAX COLLECTIONS 2004 [27 April 2005]
IWS Documented News Service
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Institute for Workplace Studies
School of Industrial & Labor Relations
Cornell University
16 East 34th Street, 4th floor
New York, NY 10016
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2004 State Government Tax Collections [27 April 2005]
http://www.census.gov/govs/www/statetax.html
The State Government Tax Collections (STC) report provides a summary of taxes collected by state for up to 25 tax categories. These tables and data files present the details on tax collections by type of tax imposed and collected by state governments.
See Press Release [27 April 2005]
State Government Tax Collections Up 8.1 Percent in 2004;
All 50 States Show Increases From 2003
http://www.census.gov/Press-Release/www/releases/archives/economic_surveys/004738.html
Tax collections by state governments grew 8.1 percent, to $593 billion, in fiscal year 2004 a $44 billion increase from 2003, the U.S. Census Bureau said today. All 50 states experienced an increase.
According to data from the <http://www.census.gov/govs/www/statetax.html>2004 Annual Survey of State Government Tax Collections, general sales taxes were up 7.5 percent to $198 billion, and taxes on individual income were up 8.5 percent to $197 billion. These taxes made up more than two-thirds of all state tax collections.
Among other major taxes, documentary and stock transfer taxes increased 26 percent, followed by severance taxes (18 percent) and occupational and business license taxes (16 percent).
Nationally, per capita taxes collected by states averaged $2,024. Among individual states, per capita taxes were highest in Hawaii, $3,048; Wyoming, $2,968; Connecticut, $2,937; Minnesota, $2,889; and Delaware, $2,862. The lowest per capita tax collections were in Texas, $1,367; South Dakota, $1,378; Colorado, $1,533; New Hampshire, $1,543; and Alabama, $1,549.
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Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
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New York, NY 10016
Telephone: (607) 255-2703
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