New Jersey collected $333 million in miscellaneous tax revenue during the 4th quarter of 2020, 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.
4th Quarter New Jersey Tax Collections
| Type of Tax | Amount (in millions of dollars) |
|---|---|
| Property Taxes | $5 |
| Sales and Gross Receipts Taxes | $3,691 |
| Income Taxes | $5,239 |
| License Taxes | $452 |
| Other Taxes | $333 |
Source: U.S. Census Bureau
