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Friday, December 27, 2024

Michigan reports $276 million in miscellaneous tax revenues in Q3

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Michigan collected $276 million in miscellaneous tax revenue during the 3rd quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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.

3rd Quarter Michigan Tax Collections

Type of TaxAmount (in millions of dollars)
Property Taxes$1,644
Sales and Gross Receipts Taxes$9,770
Income Taxes$6,268
License Taxes$1,072
Other Taxes$276
Source: U.S. Census Bureau

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