Taxes News
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New Jersey sees less individual income tax revenue in Q3 2024
The third quarter of 2024 brought in $3.3 billion in individual income tax revenue for New Jersey, a 51.2% decrease from the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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New Jersey's license tax revenue up 2.8% in Q2 compared to same quarter of the previous year
New Jersey collected $591 million in license taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.