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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.
Colorado Tax Collections 2022 vs. 2021
Type of Tax | 2022 amount | 2021 amount |
---|---|---|
Selective sales and gross receipts taxes | $3,204,813,000 | $2,912,346,000 |
Pari-mutuels sales tax | $373,000 | $306,000 |
Occupation and business license, NEC | $67,582,000 | $53,943,000 |
Tobacco products sales tax | $352,438,000 | $227,872,000 |
Income taxes | $13,194,479,000 | $11,524,577,000 |
Hunting and fishing license | $119,501,000 | $115,697,000 |
Other taxes | $306,810,000 | $0 |
Motor fuels sales tax | $665,944,000 | $618,724,000 |
Amusements sales tax | $153,595,000 | $115,624,000 |
Public utilities license | $16,545,000 | $15,084,000 |
Alcoholic beverages license | $6,263,000 | $6,138,000 |
Amusements license | $978,000 | $960,000 |
Sales and gross receipts taxes | $7,491,009,000 | $6,572,936,000 |
Corporations in general license | $24,014,000 | $25,975,000 |
Insurance premiums sales tax | $338,355,000 | $347,690,000 |
Individual income taxes | $11,685,999,000 | $10,246,531,000 |
General sales and gross receipts taxes | $4,286,196,000 | $3,660,590,000 |
Motor vehicle operators license | $47,673,000 | $44,038,000 |
License taxes | $718,795,000 | $720,335,000 |
Corporations net income taxes | $1,508,480,000 | $1,278,046,000 |
Other license taxes | $30,000 | $36,000 |
Other selective sales and gross receipts taxes | $1,638,553,000 | $1,548,697,000 |
Severance taxes | $306,810,000 | $0 |
Alcoholic beverages sales tax | $55,555,000 | $53,433,000 |
Motor vehicle license | $436,209,000 | $458,464,000 |