Quantcast

NW Franklin News

Tuesday, November 26, 2024

Residents and visitors to Ohio paid $29.1 billion in taxes in 2018

Adobestock 299978300

Adobe Stock

Adobe Stock

Ohio collected $29.1 billion in taxes in 2018, a 1.2 percent decrease from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Most tax revenue came from sales and gross receipts taxes ($18.1 billion) and income taxes ($8.7 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 Ohio Tax Collections
Type of TaxAmount
Property taxes$0
Sales and gross receipts taxes$18,086,156,000
License taxes$2,269,604,000
Income taxes$8,707,947,000
Other taxes$66,333,000
General sales and gross receipts taxes$12,148,485,000
Selective sales and gross receipts taxes$5,937,671,000
Alcoholic beverages sales tax$104,977,000
Amusements sales tax$270,480,000
Insurance premiums sales tax$582,794,000
Motor fuels sales tax$1,912,191,000
Pari-mutuels sales tax$5,185,000
Public utilities sales tax$927,171,000
Tobacco products sales tax$941,105,000
Other selective sales and gross receipts taxes$1,193,768,000
Alcoholic beverages license$43,804,000
Amusements license$34,850,000
Corporations in general license$297,490,000
Hunting and fishing license$36,260,000
Motor vehicle license$787,276,000
Motor vehicle operators license$80,227,000
Public utilities license$34,222,000
Occupation and business license, nec$907,882,000
Other license taxes$47,593,000
Individual income taxes$8,698,901,000
Corporations net income taxes$9,046,000
Death and gift taxes$213,000
Documentary and stock transfer taxes$0
Severance taxes$66,120,000
Taxes, nec$0

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS