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South Middlesex Times

Monday, November 18, 2024

New Jersey reports $225 million in miscellaneous tax revenues in Q1 2020

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New Jersey collected $225 million in miscellaneous tax revenue during the 1st quarter of 2020, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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.

1st Quarter New Jersey Tax Collections

Type of TaxAmount (in millions of dollars)
Property Taxes$0
Sales and Gross Receipts Taxes$3,966
Income Taxes$4,624
License Taxes$384
Other Taxes$225
Source: U.S. Census Bureau

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