taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities.
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The U.S. Census Bureau today released their data on state tax collections for the year ending June 30, 2011. Compared to the previous year, each state saw tax revenue rise, by amounts varying between 0.4 percent (Hawaii) and 44.5 percent (North Dakota). See the full table below for your state.
Overall state tax collections rose 8.9 percent, with different taxes rising by different amounts: income taxes (9.8 percent), sales taxA sales tax is levied on retail sales of goods and services and, ideally, should apply to all final consumption with few exemptions. Many governments exempt goods like groceries; base broadening, such as including groceries, could keep rates lower. A sales tax should exempt business-to-business transactions which, when taxed, cause tax pyramiding. es (8.3 percent), excise taxAn excise tax is a tax imposed on a specific good or activity. Excise taxes are commonly levied on cigarettes, alcoholic beverages, soda, gasoline, insurance premiums, amusement activities, and betting, and typically make up a relatively small and volatile portion of state and local and, to a lesser extent, federal tax collections. es (9.4 percent), and license taxes (2.8 percent). Property taxA property tax is primarily levied on immovable property like land and buildings, as well as on tangible personal property that is movable, like vehicles and equipment. Property taxes are the single largest source of state and local revenue in the U.S. and help fund schools, roads, police, and other services. es dropped 2.3 percent. The total state tax take of $764 billion is second highest only to the bubble peak of $781 billion in 2008. Even accounting for this drop, as the chart above shows, state taxes have grown at a healthy 4 percent annual rate since 1997.
The trends are what you would expect during an economic recovery. Individual income and sales taxes are rising rapidly as income and consumer spending rise, while property tax collections drop as assessments catch up with depressed valuations from the housing crash.
Our review of this data last year is here.
| State | 2010 Tax Collections ($000) | 2011 Tax Collections ($000) | Change | Rank |
|---|---|---|---|---|
| United States | 701,555,688 | 763,669,347 | 8.9% | – |
| North Dakota | 2,645,695 | 3,822,347 | 44.5% | 1 |
| Alaska | 4,522,927 | 5,537,679 | 22.4% | 2 |
| California | 104,840,520 | 123,109,886 | 17.4% | 3 |
| Illinois | 25,529,673 | 29,433,475 | 15.3% | 4 |
| New Mexico | 4,327,815 | 4,980,115 | 15.1% | 5 |
| Wyoming | 2,158,260 | 2,461,977 | 14.1% | 6 |
| Idaho | 2,951,703 | 3,261,722 | 10.5% | 7 |
| Colorado | 8,575,262 | 9,467,684 | 10.4% | 8 |
| Minnesota | 17,208,877 | 18,952,919 | 10.1% | 9 |
| Massachusetts | 20,090,563 | 22,089,530 | 9.9% | 10 |
| Oklahoma | 7,078,272 | 7,766,332 | 9.7% | 11 |
| Texas | 39,399,251 | 43,188,251 | 9.6% | 12 |
| Delaware | 2,763,032 | 3,017,837 | 9.2% | 13 |
| Connecticut | 12,303,185 | 13,432,252 | 9.2% | 14 |
| Nebraska | 3,809,266 | 4,153,113 | 9.0% | 15 |
| Oregon | 7,475,135 | 8,112,049 | 8.5% | 16 |
| Nevada | 5,835,963 | 6,332,128 | 8.5% | 17 |
| Georgia | 14,782,779 | 16,003,250 | 8.3% | 18 |
| Washington | 16,106,154 | 17,411,033 | 8.1% | 19 |
| Indiana | 13,796,427 | 14,909,416 | 8.1% | 20 |
| West Virginia | 4,771,978 | 5,142,771 | 7.8% | 21 |
| Utah | 5,092,415 | 5,475,904 | 7.5% | 22 |
| Montana | 2,142,809 | 2,303,516 | 7.5% | 23 |
| Pennsylvania | 30,169,122 | 32,352,286 | 7.2% | 24 |
| Mississippi | 6,268,823 | 6,714,180 | 7.1% | 25 |
| Vermont | 2,511,387 | 2,687,926 | 7.0% | 26 |
| Kentucky | 9,538,956 | 10,203,241 | 7.0% | 27 |
| Wisconsin | 14,368,569 | 15,347,327 | 6.8% | 28 |
| Ohio | 23,583,596 | 25,176,562 | 6.8% | 29 |
| Rhode Island | 2,568,851 | 2,737,952 | 6.6% | 30 |
| New York | 63,807,610 | 67,945,152 | 6.5% | 31 |
| Arizona | 10,187,690 | 10,848,179 | 6.5% | 32 |
| Arkansas | 7,279,215 | 7,737,552 | 6.3% | 33 |
| Iowa | 6,809,344 | 7,236,476 | 6.3% | 34 |
| Virginia | 16,411,055 | 17,409,072 | 6.1% | 35 |
| Maine | 3,489,953 | 3,675,810 | 5.3% | 36 |
| Kansas | 6,492,996 | 6,828,477 | 5.2% | 37 |
| South Carolina | 7,312,534 | 7,687,496 | 5.1% | 38 |
| Maryland | 15,223,923 | 16,002,529 | 5.1% | 39 |
| New Jersey | 25,927,891 | 27,182,753 | 4.8% | 40 |
| South Dakota | 1,321,228 | 1,379,607 | 4.4% | 41 |
| Missouri | 9,703,459 | 10,109,918 | 4.2% | 42 |
| North Carolina | 21,517,288 | 22,405,841 | 4.1% | 43 |
| Michigan | 22,626,247 | 23,540,253 | 4.0% | 44 |
| New Hampshire | 2,234,304 | 2,320,014 | 3.8% | 45 |
| Florida | 31,486,598 | 32,557,946 | 3.4% | 46 |
| Tennessee | 10,513,788 | 10,858,935 | 3.3% | 47 |
| Alabama | 8,396,805 | 8,635,527 | 2.8% | 48 |
| Louisiana | 8,758,633 | 8,865,421 | 1.2% | 49 |
| Hawaii | 4,837,862 | 4,857,729 | 0.4% | 50 |