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Empire State Today

Sunday, December 22, 2024

Residents and visitors to New York state paid $118 billion in taxes in 2022

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New York collected $118 billion in taxes in 2022, a 26.2 percent increase from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Most tax revenue came from income taxes ($78 billion) and sales and gross receipts taxes ($31.2 billion).

The STC survey includes five broad tax categories and up to 25 subcategories. Data is gathered from all 50 state governments and all dependent state-level entities.

The Census Bureau sets the tax classifications among the survey categories and cautions they may differ from the classifications set by the state governments.

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

2022 New York Tax Collections
Type of TaxAmount
Property taxes$0
Sales and gross receipts taxes$31,223,289,000
License taxes$1,893,522,000
Income taxes$77,977,711,000
Miscellaneous taxes$6,889,195,000
General sales and gross receipts taxes$18,034,495,000
Selective sales and gross receipts taxes$13,188,794,000
Alcoholic beverages sales tax$307,900,000
Amusements sales tax$1,710,000
Insurance premiums sales tax$2,409,677,000
Motor fuels sales tax$1,511,214,000
Pari-mutuels sales tax$13,899,000
Public utilities sales tax$776,052,000
Tobacco products sales tax$929,109,000
Other selective sales and gross receipts taxes$7,239,233,000
Alcoholic beverages license$83,800,000
Amusements license$0
Corporations in general license$219,000
Hunting and fishing license$55,100,000
Motor vehicle license$1,419,966,000
Motor vehicle operators license$176,100,000
Public utilities license$11,458,000
Occupation and business license, NEC$145,200,000
Other license taxes$1,679,000
Individual income taxes$70,196,866,000
Corporations net income taxes$7,780,845,000
Death and gift taxes$1,417,294,000
Documentarty and stock transfer taxes$3,657,497,000
Severance taxes$0
Taxes, NEC$1,814,404,000

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