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Tuesday, April 15, 2025

Louisiana's combined tax revenues down 15.8% from Q2 to Q3 2024

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Jay Dardenne, Commissioner of Revenue | Louisiana Department of Revenue

Jay Dardenne, Commissioner of Revenue | Louisiana Department of Revenue

Combined tax revenues in Louisiana decreased 15.8% in the third quarter of 2024 in comparison to the previous quarter, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

Overall, Louisiana collected $4.1 billion in taxes during the third quarter of 2024, compared to $4.9 billion in the previous quarter.

The majority of the state’s tax revenue was collected through general sales and gross receipts taxes ($2.2 billion) and income taxes ($1.5 billion).

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.

Q3 Louisiana Tax Collections
Type of TaxAmount (millions)
Sales and Gross Receipts Taxes$2,230
Income Taxes$1,486
License Taxes$220
Other Taxes$145
Property Taxes$17
Source: U.S. Census Bureau

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