Marita R. Sciarrotta Acting Director Divison of Taxation at New Jersey Division of Taxation | New Jersey Division of Taxation
Marita R. Sciarrotta Acting Director Divison of Taxation at New Jersey Division of Taxation | New Jersey Division of Taxation
Overall, New Jersey collected $8.6 billion in taxes during the third quarter of 2023, compared to $19.3 billion in the previous quarter.
The majority of the state’s tax revenue was collected through income taxes ($4.8 billion) and general sales and gross receipts taxes ($3 billion).
In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.
The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.
| Type of Tax | Amount (millions) |
|---|---|
| Income Taxes | $4,849 |
| Sales and Gross Receipts Taxes | $2,959 |
| License Taxes | $529 |
| Other Taxes | $261 |
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