Vermont collected $401 million in sales and gross receipt taxes during the first quarter of 2023, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.
Sales and gross receipt taxes include taxes on licenses, alcohol, amusements, insurance, fuel, parimutuels, public utilities and tobacco products.
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.
Overall, Vermont collected $783 million in combined tax revenues in the latest quarter.
| Type of Tax | Amount (in millions) |
|---|---|
| Sales and Gross Receipts Taxes | $401 |
| Income Taxes | $325 |
| License Taxes | $45 |
| Other Taxes | $31 |
