Quantcast

Keystone Today

Monday, December 23, 2024

Residents and visitors to Pennsylvania paid $40.7 billion in taxes in 2020

Adobestock 298161024

Adobe Stock

Adobe Stock

Pennsylvania collected $40.7 billion in taxes in 2020, a 5.7 percent decrease 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 sales and gross receipts taxes ($21.4 billion) and income taxes ($14.9 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.

2020 Pennsylvania Tax Collections
Type of TaxAmount
Property taxes$39,359,000
Sales and gross receipts taxes$21,445,063,000
License taxes$2,594,319,000
Income taxes$14,882,239,000
Miscellaneous taxes$1,723,540,000
General sales and gross receipts taxes$11,630,402,000
Selective sales and gross receipts taxes$9,814,661,000
Alcoholic beverages sales tax$391,289,000
Amusements sales tax$1,187,235,000
Insurance premiums sales tax$859,583,000
Motor fuels sales tax$3,110,295,000
Pari-mutuels sales tax$6,918,000
Public utilities sales tax$1,109,338,000
Tobacco products sales tax$1,239,528,000
Other selective sales and gross receipts taxes$1,910,475,000
Alcoholic beverages license$38,186,000
Amusements license$26,825,000
Corporations in general license$5,440,000
Hunting and fishing license$82,290,000
Motor vehicle license$1,150,355,000
Motor vehicle operators license$77,883,000
Public utilities license$62,800,000
Occupation and business license, NEC$1,129,790,000
Other license taxes$20,750,000
Individual income taxes$12,372,183,000
Corporations net income taxes$2,510,056,000
Death and gift taxes$1,051,259,000
Documentarty and stock transfer taxes$636,662,000
Severance taxes$0
Taxes, NEC$35,619,000

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS