Adobe Stock
Adobe Stock
The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.
The Census Bureau sets the tax classifications among the survey categories and cautions they may differ from the classifications set by the state governments.
Below is a breakdown of how taxes were classified by subcategory and how much was collected.
New Jersey Tax Collections 2020 vs. 2019
Type of Tax | 2020 amount | 2019 amount |
---|---|---|
Other selective sales and gross receipts taxes | $2,105,318,000 | $1,954,731,000 |
Public utilities license | $21,565,000 | $20,961,000 |
Motor vehicle license | $628,977,000 | $668,735,000 |
Other license taxes | $1,852,000 | $1,949,000 |
Corporations net income taxes | $3,565,191,000 | $3,909,308,000 |
Alcoholic beverages license | $3,492,000 | $4,386,000 |
Amusements license | $54,425,000 | $51,343,000 |
Tobacco products sales tax | $583,839,000 | $625,382,000 |
Motor vehicle operators license | $53,070,000 | $58,231,000 |
Alcoholic beverages sales tax | $151,731,000 | $145,203,000 |
Hunting and fishing license | $14,827,000 | $14,027,000 |
Property taxes | $4,974,000 | $5,014,000 |
Public utilities sales tax | $910,079,000 | $978,414,000 |
Occupation and business license, NEC | $538,792,000 | $509,049,000 |
Sales and gross receipts taxes | $16,271,749,000 | $15,838,942,000 |
Other taxes | $981,216,000 | $1,092,083,000 |
Corporations in general license | $374,586,000 | $372,335,000 |
Income taxes | $18,977,957,000 | $19,812,595,000 |
Amusements sales tax | $278,199,000 | $266,232,000 |
Selective sales and gross receipts taxes | $5,203,731,000 | $4,992,331,000 |
Motor fuels sales tax | $487,883,000 | $500,197,000 |
Individual income taxes | $15,412,766,000 | $15,903,287,000 |
Documentarty and stock transfer taxes | $544,460,000 | $600,946,000 |
Death and gift taxes | $436,756,000 | $491,137,000 |
License taxes | $1,691,586,000 | $1,701,016,000 |
Insurance premiums sales tax | $686,682,000 | $522,172,000 |
General sales and gross receipts taxes | $11,068,018,000 | $10,846,611,000 |