Adobe Stock
Adobe Stock
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.
2020 Michigan Tax Collections
Type of Tax | Amount |
---|---|
Insurance premiums sales tax | $456,600,000 |
Other selective sales and gross receipts taxes | $1,368,951,000 |
Hunting and fishing license | $91,864,000 |
Other license taxes | $163,451,000 |
General sales and gross receipts taxes | $9,223,410,000 |
Motor fuels sales tax | $1,199,557,000 |
Motor vehicle license | $1,366,442,000 |
Documentarty and stock transfer taxes | $404,871,000 |
Selective sales and gross receipts taxes | $4,185,759,000 |
Pari-mutuels sales tax | $1,726,000 |
Alcoholic beverages license | $19,728,000 |
Motor vehicle operators license | $55,380,000 |
Individual income taxes | $9,029,493,000 |
Severance taxes | $14,983,000 |
Alcoholic beverages sales tax | $181,064,000 |
Public utilities sales tax | $35,656,000 |
Public utilities license | $32,263,000 |
Corporations net income taxes | $812,842,000 |
Amusements sales tax | $115,277,000 |
Tobacco products sales tax | $826,928,000 |
Corporations in general license | $31,472,000 |
Occupation and business license, NEC | $256,843,000 |