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Most tax revenue came from income taxes ($29.3 billion) and sales and gross receipts taxes ($19.7 billion).
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 the bureau and how much was collected.
2022 New Jersey Tax Collections
Type of Tax | Amount |
---|---|
Property taxes | $5,068,000 |
Sales and gross receipts taxes | $19,740,884,000 |
License taxes | $2,187,730,000 |
Income taxes | $29,290,446,000 |
Miscellaneous taxes | $1,547,801,000 |
General sales and gross receipts taxes | $14,178,031,000 |
Selective sales and gross receipts taxes | $5,562,853,000 |
Alcoholic beverages sales tax | $175,890,000 |
Amusements sales tax | $386,996,000 |
Insurance premiums sales tax | $747,723,000 |
Motor fuels sales tax | $414,269,000 |
Pari-mutuels sales tax | $0 |
Public utilities sales tax | $949,949,000 |
Tobacco products sales tax | $566,185,000 |
Other selective sales and gross receipts taxes | $2,321,841,000 |
Alcoholic beverages license | $4,515,000 |
Amusements license | $54,590,000 |
Corporations in general license | $719,362,000 |
Hunting and fishing license | $14,272,000 |
Motor vehicle license | $662,194,000 |
Motor vehicle operators license | $58,724,000 |
Public utilities license | $20,961,000 |
Occupation and business license, NEC | $651,094,000 |
Other license taxes | $2,018,000 |
Individual income taxes | $20,630,297,000 |
Corporations net income taxes | $8,660,149,000 |
Death and gift taxes | $599,428,000 |
Documentarty and stock transfer taxes | $948,373,000 |
Severance taxes | $0 |
Taxes, NEC | $0 |