Quantcast

SW Georgia News

Wednesday, October 2, 2024

Residents and visitors to Georgia paid $23.6 billion in taxes in 2018

Adobestock 198806990

Adobe Stock

Adobe Stock

Georgia collected $23.6 billion in taxes in 2018, a 4.5 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 ($12.6 billion) and sales and gross receipts taxes ($9.1 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 cautions that it sets the tax classifications among the survey categories, and 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.

2018 Georgia Tax Collections
Type of TaxAmount
Property taxes$927,590,000
Sales and gross receipts taxes$9,132,965,000
License taxes$719,422,000
Income taxes$12,648,079,000
Other taxes$174,454,000
General sales and gross receipts taxes$5,938,448,000
Selective sales and gross receipts taxes$3,194,517,000
Alcoholic beverages sales tax$195,696,000
Amusements sales tax$0
Insurance premiums sales tax$505,054,000
Motor fuels sales tax$1,801,798,000
Pari-mutuels sales tax$0
Public utilities sales tax$0
Tobacco products sales tax$224,910,000
Other selective sales and gross receipts taxes$467,059,000
Alcoholic beverages license$4,103,000
Amusements license$0
Corporations in general license$59,608,000
Hunting and fishing license$35,418,000
Motor vehicle license$395,140,000
Motor vehicle operators license$114,915,000
Public utilities license$0
Occupation and business license, nec$81,296,000
Other license taxes$28,942,000
Individual income taxes$11,643,781,000
Corporations net income taxes$1,004,298,000
Death and gift taxes$0
Documentary and stock transfer taxes$0
Severance taxes$0
Taxes, nec$174,454,000

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