Adobe Stock
Adobe Stock
Most tax revenue came from sales and gross receipts taxes ($2.1 billion) and income taxes ($2 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.
2021 Rhode Island Tax Collections
Type of Tax | Amount |
---|---|
Property taxes | $3,864,000 |
Sales and gross receipts taxes | $2,131,988,000 |
License taxes | $137,010,000 |
Income taxes | $2,015,621,000 |
Miscellaneous taxes | $55,857,000 |
General sales and gross receipts taxes | $1,334,931,000 |
Selective sales and gross receipts taxes | $797,057,000 |
Alcoholic beverages sales tax | $22,112,000 |
Amusements sales tax | $16,586,000 |
Insurance premiums sales tax | $146,288,000 |
Motor fuels sales tax | $130,104,000 |
Pari-mutuels sales tax | $393,000 |
Public utilities sales tax | $93,449,000 |
Tobacco products sales tax | $158,682,000 |
Other selective sales and gross receipts taxes | $229,443,000 |
Alcoholic beverages license | $1,242,000 |
Amusements license | $182,000 |
Corporations in general license | $7,034,000 |
Hunting and fishing license | $2,213,000 |
Motor vehicle license | $28,168,000 |
Motor vehicle operators license | $8,049,000 |
Public utilities license | $2,624,000 |
Occupation and business license, NEC | $80,859,000 |
Other license taxes | $6,639,000 |
Individual income taxes | $1,757,678,000 |
Corporations net income taxes | $257,943,000 |
Death and gift taxes | $38,141,000 |
Documentarty and stock transfer taxes | $17,716,000 |
Severance taxes | $0 |
Taxes, NEC | $0 |