logo

State Tax Revenues Rise Last Fiscal Year

image
Created: 12 April, 2012
Updated: 13 October, 2022
2 min read

increase_tax_revenue

The U.S. Census Bureau released their 2011 Annual Survey of State Government Tax Collections report today, showing state revenue from taxes increased across the board last year.

Overall, states brought in $763.7 billion in fiscal year 2011, an increase of $62.1 billion in tax collection.

"The nationwide increases in state government tax revenue are an indication of the stabilization of revenues for state governments," said Lisa Blumerman, chief of the Governments Division. "These data help us understand the condition of our state governments and their fiscal ability to continue to provide public services."

Each of the 50 states increased total tax revenue in 2011. The top increases included North Dakota, with 44.5% and Alaska, with 22.4%. California increased total tax revenue 17.4% in fiscal year 2011.

California led the country with the largest percent increase in motor fuels tax revenue, up 80.3% in 2011. Alaska (37.4%), North Dakota (13.1%) and Kentucky  (10.6%) also had sizable increases.

Corporate net income tax revenue, individual income tax revenue and general sales tax revenue make up 70.7% of all state government tax collections nationwide.

Most of the tax revenue data reflect state fiscal years that ended June 30, 2011. The numbers reflect tax collections from state governments only, not including tax collection from local governments.

California Taxes & Ballot Measures

More Choice for San Diego

One ballot measure concerning state tax has qualified for California's primary ballot on June 5th. Proposition 29 would impose an additional tax on cigarettes and tobacco products to fund cancer research and tobacco-related programs.

Two competing tax initiatives are currently seeking signatures to qualify for a November ballot, Gov. Jerry Brown's recently combined "Millionaire's Tax" and attorney Molly Munger's "Our Children, Our Future Measure".

The Sacramento Bee's Capitol Alert reports new contributions this week show Munger has contributed another $2 million to the measure.

"Our Children, Our Future Measure" would increase taxes on a sliding scale across the majority of filers, with revenues going to school districts and education programs. The "Millionaire's Tax" would raise income taxes on top percentages of earners and raise California's state sales tax by a quarter-cent.

Latest articles

vote
Alaska Measure 2 Headed for Long-Shot Recount Funded by Taxpayers
Alaska Lt. Gov. Nancy Dahlstrom announced this week that taxpayers will foot the bill for a recount of Measure 2, an initiative that sought to repeal Alaska's nonpartisan election system -- but ultimately failed by 664 votes....
26 November, 2024
-
2 min read
Picture of the US Capitol Building.
Breaking Up the Parties: Why Washington Might Be Ready for Political Divorce
It's well known America's two major parties don't like each other. In the wake of the most recent election, it's becoming clear they don't like each other much either....
26 November, 2024
Supreme Court of the United States
Recess Appointments: How Do They Work and Will Trump Be Able to Make Them?
One of the biggest legal questions going into the second term of President-Elect Donald Trump is, will he try to push through cabinet appointments he wants during a congressional recess? And... can he?...
25 November, 2024
-
3 min read