Thursday, March 30, 2006
Tweet[IWS] Census: 2005 State Government Tax Collections [30 March 2006]
IWS Documented News Service
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Institute for Workplace Studies Professor Samuel B. Bacharach
School of Industrial & Labor Relations Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor Stuart Basefsky
New York, NY 10016 Director, IWS News Bureau
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2005 State Government Tax Collections [30 March 2006]
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, 30 March 2006
State Government Tax Collections up $57 Billion in 2005
http://www.census.gov/Press-Release/www/releases/archives/governments/006672.html
State government tax collections reached nearly $649 billion in fiscal year 2005, a $57 billion (9.7 percent) increase from 2004, the Census Bureau reported today.
According to data from the 2005 Annual Survey of State Government Tax Collections, taxes on individual income were $221 billion, up 12.6 percent; and general sales taxes were $212 billion, up 7.2 percent. These taxes made up more than two-thirds of all state tax collections.
Nationally, per capita taxes collected by states averaged $2,192. Among individual states, per capita taxes were highest in Vermont, $3,600; followed by Hawaii, $3,478; Wyoming, $3,418; Connecticut, $3,300; and Delaware, $3,229. The lowest per capita tax collections were in South Dakota, $1,430; Texas, $1,434; New Hampshire, $1,544; Colorado, $1,640; and Missouri, $1,645.
Among other major taxes, corporation net income taxes increased 28 percent, followed by documentary and stock transfer taxes, 27.4 percent, and severance taxes, 26.4 percent.
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky *
Director, IWS News Bureau *
Institute for Workplace Studies *
Cornell/ILR School *
16 E. 34th Street, 4th Floor *
New York, NY 10016 *
*
Telephone: (607) 255-2703 *
Fax: (607) 255-9641 *
E-mail: smb6@cornell.edu *
****************************************
_______________________________
Institute for Workplace Studies
School of Industrial & Labor Relations
Cornell University
16 East 34th Street, 4th floor
New York, NY 10016
________________________________________________________________________
2005 State Government Tax Collections [30 March 2006]
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, 30 March 2006
State Government Tax Collections up $57 Billion in 2005
http://www.census.gov/Press-Release/www/releases/archives/governments/006672.html
State government tax collections reached nearly $649 billion in fiscal year 2005, a $57 billion (9.7 percent) increase from 2004, the Census Bureau reported today.
According to data from the 2005 Annual Survey of State Government Tax Collections, taxes on individual income were $221 billion, up 12.6 percent; and general sales taxes were $212 billion, up 7.2 percent. These taxes made up more than two-thirds of all state tax collections.
Nationally, per capita taxes collected by states averaged $2,192. Among individual states, per capita taxes were highest in Vermont, $3,600; followed by Hawaii, $3,478; Wyoming, $3,418; Connecticut, $3,300; and Delaware, $3,229. The lowest per capita tax collections were in South Dakota, $1,430; Texas, $1,434; New Hampshire, $1,544; Colorado, $1,640; and Missouri, $1,645.
Among other major taxes, corporation net income taxes increased 28 percent, followed by documentary and stock transfer taxes, 27.4 percent, and severance taxes, 26.4 percent.
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
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# posted by SBasefsky : 11:53 AM
