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Wednesday, January 29, 2020

Michigan collects $2.9 billion in sales and gross receipt tax revenue in Q2 2019

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By Metric Media News Service | Dec 8, 2019

Michigan collected $2.9 billion in sales and gross receipt taxes during the 2nd quarter of 2019, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Sales and gross receipt taxes include taxes on such things as license, alcohol, amusements, insurance, fuel, parimutuels, public utilities and tobacco products.

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.

Overall, Michigan collected $7.4 billion in combined tax revenues in the latest quarter.

2nd Quarter Michigan Tax Collections

Type of Tax
Amount (in millions)
License Taxes
$511
Sales and Gross Receipts Taxes
$2,932
Property Taxes
$75
Income Taxes
$3,763
Other Taxes
$84
Source: U.S. Census Bureau

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