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Sunday, November 24, 2024

Vermont ranks 42nd in the U.S. for the most income taxes paid in 2021

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In 2021, Vermont collected $1.4 billion in 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.

U.S. income taxes by State in 2021
RankStateAmount
1California$172,421,856,000
2New York$59,950,819,000
3Illinois$27,600,197,000
4Massachusetts$23,356,481,000
5New Jersey$22,793,255,000
6Pennsylvania$20,023,246,000
7Virginia$18,645,899,000
8Minnesota$17,593,996,000
9North Carolina$17,423,701,000
10Georgia$15,971,641,000
11Michigan$13,495,663,000
12Connecticut$12,866,247,000
13Oregon$12,480,427,000
14Maryland$12,026,945,000
15Indiana$11,964,087,000
16Wisconsin$11,553,157,000
17Colorado$11,524,577,000
18Ohio$10,668,765,000
19Missouri$8,402,368,000
20Arizona$7,438,706,000
21Utah$7,418,368,000
22South Carolina$6,196,557,000
23Kentucky$6,138,893,000
24Alabama$6,043,093,000
25Kansas$5,344,578,000
26Iowa$5,060,175,000
27Louisiana$4,520,855,000
28Oklahoma$4,368,893,000
29Arkansas$4,085,598,000
30Nebraska$3,701,819,000
31Hawaii$3,546,116,000
32District of Columbia$3,506,270,000
33Florida$3,407,190,000
34Mississippi$3,065,829,000
35Idaho$2,809,422,000
36Tennessee$2,743,837,000
37West Virginia$2,574,275,000
38Delaware$2,483,094,000
39Maine$2,359,590,000
40Montana$2,157,888,000
41Rhode Island$2,015,621,000
42Vermont$1,399,998,000
43New Mexico$1,351,634,000
44New Hampshire$1,158,623,000
45North Dakota$604,162,000
46Alaska$124,987,000
47South Dakota$53,960,000
Source: U.S. Census Bureau

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