Of the $4.8 billion in taxes collected by Rhode Island in 2022, $515,000 came from pari-mutuels sales tax, a 31 percent increase over the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).
Rhode Island collected $393,000 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.
| Type of Tax | 2022 amount | 2021 amount |
|---|---|---|
| Amusements license | $265,000 | $182,000 |
| General sales and gross receipts taxes | $1,499,910,000 | $1,334,931,000 |
| Motor vehicle license | $32,582,000 | $28,168,000 |
| Individual income taxes | $1,939,003,000 | $1,757,678,000 |
| Occupation and business license, NEC | $86,715,000 | $80,859,000 |
| Pari-mutuels sales tax | $515,000 | $393,000 |
| Hunting and fishing license | $2,176,000 | $2,213,000 |
| Insurance premiums sales tax | $159,612,000 | $146,288,000 |
| Corporations in general license | $8,873,000 | $7,034,000 |
| Death and gift taxes | $35,700,000 | $38,141,000 |
| Documentarty and stock transfer taxes | $20,495,000 | $17,716,000 |
| Alcoholic beverages sales tax | $23,324,000 | $22,112,000 |
| Corporations net income taxes | $290,800,000 | $257,943,000 |
| Amusements sales tax | $20,385,000 | $16,586,000 |
| Motor vehicle operators license | $8,554,000 | $8,049,000 |
| Other selective sales and gross receipts taxes | $278,542,000 | $229,443,000 |
| Selective sales and gross receipts taxes | $855,584,000 | $797,057,000 |
| Other license taxes | $7,017,000 | $6,639,000 |
| Public utilities license | $2,809,000 | $2,624,000 |
| Tobacco products sales tax | $144,900,000 | $158,682,000 |
| Public utilities sales tax | $89,400,000 | $93,449,000 |
| Motor fuels sales tax | $138,906,000 | $130,104,000 |
| Alcoholic beverages license | $1,412,000 | $1,242,000 |
Source: U.S. Census Bureau
