New York state sees 27% drop in amusements sales taxes collections in 2024

Kristen Juras, Lieutenant Governor of Montana
Kristen Juras, Lieutenant Governor of Montana
0Comments

Out of the $119.7 billion in total tax revenue collected by New York in 2024, $1.5 million came from amusements sales taxes, representing a decrease from the previous year, when the total was $2 million, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

The State Government Tax Collections (STC) survey tracks five major tax categories and up to 25 subcategories, gathering data from all 50 state governments and their dependent agencies.

The Census Bureau notes that it defines tax classifications consistently across states, which may differ from how individual states categorize them.

According to the U.S. Census Bureau, state and local governments collect a wide range of taxes to fund public programs and services. These revenues are typically allocated to areas such as transportation, education, and public safety. In 2024, state tax collections alone amounted to nearly $1.5 trillion nationwide, representing a significant part of overall government operations.

The amount each state collects depends on its tax rates, bases, and policy priorities. In 2023, North Dakota topped the list with the largest state tax collection per capita at $7,715.71, followed by Hawaii ($7,098.72) and Vermont ($6,948.15), according to the U.S. Census Bureau.

Below is a breakdown of how taxes were classified by subcategory and how much was collected.

New York Tax Collections 2024 vs. 2023
Type of Tax 2024 amount 2023 amount
Individual income taxes $53,840,077,000 $58,775,670,000
Corporation net income taxes $23,218,037,000 $24,316,578,000
General sales and gross receipts taxes $19,987,219,000 $19,046,752,000
Selective sales and gross receipts taxes $14,963,299,000 $13,852,925,000
Other selective sales and gross receipts taxes $8,061,037,000 $7,454,404,000
Other taxes, NEC $2,609,096,000 $1,836,367,000
Insurance premiums sales taxes $2,494,775,000 $2,456,791,000
Estate and gift taxes $1,855,654,000 $2,185,203,000
Motor fuels sales taxes $1,598,546,000 $1,276,276,000
Motor vehicle license taxes $1,420,422,000 $1,420,267,000
Documentary and stock transfer taxes $1,318,999,000 $3,326,758,000
Tobacco products sales taxes $837,403,000 $855,029,000
Public utilities sales taxes $781,133,000 $769,557,000
Alcoholic beverages sales taxes $276,066,000 $281,942,000
Motor vehicle operators license taxes $179,004,000 $175,834,000
Occupation and businesses license taxes $149,491,000 $148,715,000
Alcoholic beverages license taxes $80,739,000 $86,065,000
Hunting and fishing license taxes $57,275,000 $52,056,000
Public utilities license taxes $45,953,000 $16,677,000
Other license taxes $1,772,000 $1,699,000
Amusements sales taxes $1,465,000 $2,008,000

Information in this story was obtained from the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC). The source data can be found here.



Related

John A. Sarcone III, U.S. Attorney for the Northern District of New York

New York City man sentenced to 78 months for trafficking ecstasy through mail

A New York City man has been sentenced to over six years in prison for trafficking ecstasy through the mail as part of an international drug operation. Authorities seized more than 10 kilograms of MDMA intended for distribution in New York City.

Jay Clayton, U.S. Attorney for the Southern District of New York

German national sentenced to 121 months for enticement and sexual abuse of a minor

A German national has been sentenced for enticing and abusing a minor after traveling from Germany to New York twice in 2023. Authorities say he used online messaging apps for explicit communication before meeting the victim in person. The case underscores law enforcement’s efforts against child exploitation.

John A. Sarcone III, U.S. Attorney for the Northern District of New York

Guatemalan citizen pleads guilty to illegal reentry after prior conviction for attempted rape

A Guatemalan citizen has pled guilty to illegally reentering the U.S. after being deported for attempted rape involving a minor under age fifteen. Federal officials say he now faces up to twenty years in prison at sentencing scheduled for July.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Empire State Today.