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South Middlesex Times

Monday, November 18, 2024

New Jersey reports $313 million in miscellaneous tax revenues in Q2

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New Jersey collected $313 million in miscellaneous tax revenue during the 2nd quarter, 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.

2nd Quarter New Jersey Tax Collections

Type of TaxAmount (in millions of dollars)
Property Taxes$0
Sales and Gross Receipts Taxes$6,281
Income Taxes$6,531
License Taxes$486
Other Taxes$313
Source: U.S. Census Bureau

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