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Sunday, November 24, 2024

Residents and visitors to Georgia paid $33.9 billion in taxes in 2022

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Georgia collected $33.9 billion in taxes in 2022, a 21.8 percent increase 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 income taxes ($20.8 billion) and sales and gross receipts taxes ($11.4 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 sets the tax classifications among the survey categories and cautions 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.

2022 Georgia Tax Collections
Type of TaxAmount
Property taxes$799,564,000
Sales and gross receipts taxes$11,405,066,000
License taxes$743,492,000
Income taxes$20,796,528,000
Miscellaneous taxes$189,166,000
General sales and gross receipts taxes$8,320,361,000
Selective sales and gross receipts taxes$3,084,705,000
Alcoholic beverages sales tax$228,617,000
Amusements sales tax$0
Insurance premiums sales tax$482,092,000
Motor fuels sales tax$1,602,054,000
Pari-mutuels sales tax$0
Public utilities sales tax$0
Tobacco products sales tax$238,574,000
Other selective sales and gross receipts taxes$533,368,000
Alcoholic beverages license$4,717,000
Amusements license$0
Corporations in general license$55,673,000
Hunting and fishing license$28,735,000
Motor vehicle license$413,341,000
Motor vehicle operators license$123,174,000
Public utilities license$0
Occupation and business license, NEC$85,652,000
Other license taxes$32,200,000
Individual income taxes$18,286,845,000
Corporations net income taxes$2,509,683,000
Death and gift taxes$0
Documentarty and stock transfer taxes$0
Severance taxes$0
Taxes, NEC$189,166,000

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