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Most tax revenue came from income taxes ($17.3 billion) and sales and gross receipts taxes ($15.4 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 cautions that 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.
2018 New Jersey Tax Collections
Type of Tax | Amount |
---|---|
Property taxes | $5,016,000 |
Sales and gross receipts taxes | $15,424,507,000 |
License taxes | $1,542,213,000 |
Income taxes | $17,273,498,000 |
Other taxes | $1,119,812,000 |
General sales and gross receipts taxes | $10,459,419,000 |
Selective sales and gross receipts taxes | $4,965,088,000 |
Alcoholic beverages sales tax | $142,459,000 |
Amusements sales tax | $217,736,000 |
Insurance premiums sales tax | $591,243,000 |
Motor fuels sales tax | $458,892,000 |
Pari-mutuels sales tax | $0 |
Public utilities sales tax | $978,816,000 |
Tobacco products sales tax | $660,315,000 |
Other selective sales and gross receipts taxes | $1,915,627,000 |
Alcoholic beverages license | $4,199,000 |
Amusements license | $50,100,000 |
Corporations in general license | $248,405,000 |
Hunting and fishing license | $14,685,000 |
Motor vehicle license | $657,956,000 |
Motor vehicle operators license | $57,214,000 |
Public utilities license | $21,812,000 |
Occupation and business license, nec | $485,902,000 |
Other license taxes | $1,940,000 |
Individual income taxes | $15,037,845,000 |
Corporations net income taxes | $2,235,653,000 |
Death and gift taxes | $605,845,000 |
Documentary and stock transfer taxes | $513,967,000 |
Severance taxes | $0 |
Taxes, nec | $0 |