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Most tax revenue came from sales and gross receipts taxes ($1.7 billion) and income taxes ($1.4 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 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 Rhode Island Tax Collections
Type of Tax | Amount |
---|---|
Property taxes | $2,704,000 |
Sales and gross receipts taxes | $1,682,021,000 |
License taxes | $102,202,000 |
Income taxes | $1,447,270,000 |
Other taxes | $248,903,000 |
General sales and gross receipts taxes | $1,048,957,000 |
Selective sales and gross receipts taxes | $633,064,000 |
Alcoholic beverages sales tax | $19,918,000 |
Amusements sales tax | $0 |
Insurance premiums sales tax | $81,519,000 |
Motor fuels sales tax | $79,858,000 |
Pari-mutuels sales tax | $1,074,000 |
Public utilities sales tax | $59,651,000 |
Tobacco products sales tax | $146,691,000 |
Other selective sales and gross receipts taxes | $244,353,000 |
Alcoholic beverages license | $92,000 |
Amusements license | $202,000 |
Corporations in general license | $4,910,000 |
Hunting and fishing license | $1,844,000 |
Motor vehicle license | $20,755,000 |
Motor vehicle operators license | $4,865,000 |
Public utilities license | $2,070,000 |
Occupation and business license, nec | $61,959,000 |
Other license taxes | $5,505,000 |
Individual income taxes | $1,329,152,000 |
Corporations net income taxes | $118,118,000 |
Death and gift taxes | $133,103,000 |
Documentary and stock transfer taxes | $115,800,000 |
Severance taxes | $0 |
Taxes, nec | $0 |