Quantcast

Volunteer State News

Monday, December 23, 2024

Tennessee ranks eighth in the U.S. for the most license taxes paid in 2021

Adobestock 302181503

Adobe Stock

Adobe Stock

In 2021, Tennessee collected $2.3 billion in license taxes, ranking it eighth in the United States, according to the U.S. Census Bureau's Annual Survey of State Government Tax Collections (STC).

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 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.

U.S. license taxes by State in 2021
RankStateAmount
1California$11,292,132,000
2Illinois$3,818,851,000
3Texas$3,646,437,000
4Pennsylvania$2,955,413,000
5North Carolina$2,596,969,000
6Florida$2,509,455,000
7Oregon$2,483,742,000
8Tennessee$2,333,130,000
9Michigan$2,178,822,000
10Delaware$2,076,828,000
11Washington$2,072,634,000
12Ohio$2,029,060,000
13New Jersey$1,986,338,000
14New York$1,793,375,000
15Minnesota$1,505,670,000
16Wisconsin$1,340,711,000
17Massachusetts$1,274,252,000
18Iowa$1,101,447,000
19Oklahoma$1,085,111,000
20Virginia$995,094,000
21Maryland$969,440,000
22Indiana$819,109,000
23Georgia$750,136,000
24Colorado$720,335,000
25South Carolina$707,027,000
26Missouri$691,696,000
27Nevada$623,260,000
28Arizona$618,052,000
29Alabama$606,351,000
30Mississippi$570,447,000
31Kentucky$533,047,000
32Montana$481,678,000
33Louisiana$477,174,000
34Idaho$473,872,000
35New Hampshire$472,669,000
36Kansas$457,796,000
37Arkansas$423,851,000
38Connecticut$387,836,000
39Utah$371,684,000
40New Mexico$343,487,000
41Maine$325,922,000
42South Dakota$300,687,000
43Hawaii$258,953,000
44Wyoming$212,497,000
45North Dakota$210,333,000
46West Virginia$196,902,000
47Nebraska$194,771,000
48District of Columbia$183,696,000
49Alaska$153,176,000
50Vermont$143,501,000
51Rhode Island$137,010,000
Source: U.S. Census Bureau

MORE NEWS