Idaho collected $1 million in miscellaneous tax revenue during the fourth quarter of 2022, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.
This is a decrease of 50% compared to the previous quarter, when Idaho collected $2 million in such taxes.
Overall, Idaho collected $1.8 billion in combined tax revenues in the fourth quarter of 2022.
The U.S. government collected about $4.3 trillion in tax revenue in 2021. Individual income taxes were the largest source, followed by payroll and corporate taxes, which together accounted for nearly 88% of total revenue.
In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.
The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.
| Type of Tax | Amount (in millions of dollars) |
|---|---|
| Sales and Gross Receipts Taxes | $920 |
| Income Taxes | $749 |
| License Taxes | $129 |
| Miscellaneous Taxes | $1 |
Information in this article was obtained from the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes. The source data can be found here.
