Q2 2022 brings $52 million in miscellaneous tax revenue to Georgia

Frank O’Connell Commissioner of Revenue at Georgia Department of Revenue
Frank O’Connell Commissioner of Revenue at Georgia Department of Revenue
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Georgia collected $52 million in miscellaneous tax revenue during the second quarter of 2022, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

This is an increase of 26.8% compared to the previous quarter, when Georgia collected $41 million in such taxes.

Overall, Georgia collected $10.5 billion in combined tax revenues in the second quarter of 2022.

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.

Q2 2022 Georgia Tax Collections
Type of Tax Amount (in millions of dollars)
Income Taxes $7,564
Sales and Gross Receipts Taxes $2,553
Property Taxes $217
License Taxes $130
Miscellaneous Taxes $52

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.



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