Green Mountain Times

In 2020, Vermont collected $141.6 million in corporations net income taxes, ranking it 42nd in the United States, according to the U.S. Census Bureau's Annual Survey of State Government Tax Collections (STC).

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 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.

Rank	State	Amount
1	California	$9,817,957,000
2	New York	$4,824,289,000
3	New Jersey	$3,565,191,000
4	Illinois	$3,491,688,000
5	Massachusetts	$2,532,411,000
6	Pennsylvania	$2,510,056,000
7	Florida	$2,481,710,000
8	Connecticut	$2,062,263,000
9	Minnesota	$1,604,450,000
10	Tennessee	$1,504,881,000
11	Wisconsin	$1,441,416,000
12	Virginia	$1,362,172,000
13	Maryland	$1,325,456,000
14	Georgia	$984,087,000
15	Oregon	$892,484,000
16	Michigan	$812,842,000
17	New Hampshire	$780,672,000
18	Indiana	$756,866,000
19	Alabama	$754,272,000
20	District of Columbia	$727,697,000
21	Colorado	$696,612,000
22	North Carolina	$662,343,000
23	Kentucky	$639,200,000
24	Iowa	$620,486,000
25	Arizona	$523,062,000
26	South Carolina	$505,025,000
27	Arkansas	$469,029,000
28	Louisiana	$450,449,000
29	Kansas	$433,931,000
30	Mississippi	$421,425,000
31	Nebraska	$391,164,000
32	Missouri	$364,460,000
33	Utah	$360,203,000
34	Oklahoma	$301,574,000
35	Idaho	$245,969,000
36	Delaware	$244,913,000
37	Maine	$216,131,000
38	Rhode Island	$213,303,000
39	Montana	$186,297,000
40	Alaska	$162,611,000
41	West Virginia	$151,989,000
42	Vermont	$141,623,000
43	New Mexico	$95,556,000
44	North Dakota	$81,490,000
45	Hawaii	$43,679,000
46	South Dakota	$37,459,000
47	Ohio	$3,683,000

Source: U.S. Census Bureau