Vermont reports $542 million in combined tax revenues in Q1 2019


Vermont collected $542 million in total tax revenues for property, sales and gross receipts, licenses, income taxes and miscellaneous other taxes during the 1st quarter of 2019, according to a U.S. Census Bureau’s Quarterly Summary of State and Local Taxes which was released in June.

The majority of the state’s tax revenue was collected through individual income taxes ($163 million) and other selective sales and gross receipts taxes ($113 million).

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

1st quarter Vermont Tax Collection

Type of Tax
Amount (in millions of dollars)
Property Taxes
$1
Sales and Gross Receipts Taxes
$293
Income Taxes
$202
License Taxes
$36
Other Taxes
$9

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