Louisiana collects $97 million in miscellaneous taxes during Q4 2021

Jay Dardenne, Commissioner of Revenue - Louisiana Department of Revenue
Jay Dardenne, Commissioner of Revenue - Louisiana Department of Revenue
0Comments

Louisiana collected $97 million in miscellaneous tax revenue during the fourth quarter of 2021, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This is a decrease of 8.5% compared to the previous quarter, when Louisiana collected $106 million in such taxes.

Overall, Louisiana collected $3.5 billion in combined tax revenues in the fourth quarter of 2021.

The U.S. government collected about $4.3 trillion in tax revenue in 2021. Individual income taxes were the largest source, followed by payroll and corporate taxes, which together accounted for nearly 88% of total revenue.

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.

Q4 2021 Louisiana Tax Collections
Type of Tax Amount (in millions of dollars)
Sales and Gross Receipts Taxes $1,921
Income Taxes $1,325
License Taxes $135
Miscellaneous Taxes $97
Property Taxes $14

Information in this article was obtained from the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes. The source data can be found here.



Related

Helena Moreno, Mayor of City of New Orleans - City of New Orleans

State legislative committee advances bill to reform Sewerage and Water Board governance

A Louisiana legislative committee has unanimously advanced a bill shifting control of New Orleans’ Sewerage and Water Board to city leadership. Mayor Helena Moreno calls it a step toward greater transparency after years of public frustration.

Senator Bill Cassidy - Sen. Bill Cassidy Official Website

Cassidy announces tariff to protect Louisiana railcar jobs and manufacturing

Senator Bill Cassidy announced new tariffs aimed at protecting railcar manufacturing jobs in Louisiana. The measure seeks to preserve local employment by preventing foreign competition from undermining domestic producers.

Senator Bill Cassidy - Sen. Bill Cassidy Official Website

Senator Bill Cassidy meets with Louisiana constituents at Washington event

Senator Bill Cassidy held a ‘Catch Up with Cassidy’ event in Washington for Louisianans visiting the capital. Attendees discussed community issues directly with him. The senator highlighted how these meetings help guide his work in Congress.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Pelican State News.