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Friday, May 17, 2024

New York collected 0.3% less in pari-mutuels sales tax in 2022

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Of the $118 billion in taxes collected by New York in 2022, $13.9 million came from pari-mutuels sales tax, a 0.3 percent decrease from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

New York collected $13.9 million in pari-mutuels sales tax in 2021.

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 subcategory and how much was collected.

New York Tax Collections 2022 vs. 2021
Type of Tax2022 amount2021 amount
Motor vehicle operators license$176,100,000$134,842,000
Other selective sales and gross receipts taxes$7,239,233,000$5,922,833,000
Selective sales and gross receipts taxes$13,188,794,000$11,551,492,000
Public utilities license$11,458,000$20,818,000
Tobacco products sales tax$929,109,000$1,006,782,000
Motor vehicle license$1,419,966,000$1,419,382,000
Other license taxes$1,679,000$730,000
Public utilities sales tax$776,052,000$792,610,000
Motor fuels sales tax$1,511,214,000$1,465,180,000
Alcoholic beverages license$83,800,000$55,626,000
Occupation and business license, NEC$145,200,000$120,914,000
Individual income taxes$70,196,866,000$54,996,670,000
General sales and gross receipts taxes$18,034,495,000$15,612,861,000
Hunting and fishing license$55,100,000$40,184,000
Taxes, NEC$1,814,404,000$1,670,278,000
Insurance premiums sales tax$2,409,677,000$2,078,985,000
Pari-mutuels sales tax$13,899,000$13,939,000
Corporations in general license$219,000$879,000
Death and gift taxes$1,417,294,000$1,537,437,000
Alcoholic beverages sales tax$307,900,000$271,087,000
Corporations net income taxes$7,780,845,000$4,954,149,000
Amusements sales tax$1,710,000$76,000
Documentarty and stock transfer taxes$3,657,497,000$1,387,474,000
Source: U.S. Census Bureau

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