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Great Lakes Wire

Monday, November 25, 2024

Residents and visitors to Michigan paid $37.1 billion in taxes in 2022

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Michigan collected $37.1 billion in taxes in 2022, a 7.6 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 sales and gross receipts taxes ($17 billion) and income taxes ($14.7 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.

2022 Michigan Tax Collections
Type of TaxAmount
Property taxes$2,535,211,000
Sales and gross receipts taxes$17,017,985,000
License taxes$2,240,237,000
Income taxes$14,674,116,000
Miscellaneous taxes$589,440,000
General sales and gross receipts taxes$12,204,862,000
Selective sales and gross receipts taxes$4,813,123,000
Alcoholic beverages sales tax$219,449,000
Amusements sales tax$285,629,000
Insurance premiums sales tax$398,371,000
Motor fuels sales tax$1,416,157,000
Pari-mutuels sales tax$2,924,000
Public utilities sales tax$42,928,000
Tobacco products sales tax$805,030,000
Other selective sales and gross receipts taxes$1,642,635,000
Alcoholic beverages license$18,643,000
Amusements license$0
Corporations in general license$34,998,000
Hunting and fishing license$66,902,000
Motor vehicle license$1,498,851,000
Motor vehicle operators license$66,444,000
Public utilities license$32,696,000
Occupation and business license, NEC$292,138,000
Other license taxes$229,565,000
Individual income taxes$12,879,815,000
Corporations net income taxes$1,794,301,000
Death and gift taxes$6,000
Documentarty and stock transfer taxes$542,386,000
Severance taxes$46,951,000
Taxes, NEC$97,000

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