Multi-State – $374,793,000,000: Sales Taxes Hit Record in 2016

CNS News.com
By Terence P. Jeffrey | March 30, 2017 | 10:52 AM EDT

(CNSNews.com) – Americans paid a record $374,793,000,000 in general sales and gross receipt taxes to state and local governments in fiscal 2016, according to the U.S. Census Bureau.

That was up $1,535,980,000—or about 0.4 percent—from the $373,257,020,000 in general sales and gross receipt taxes (in constant 2016 dollars) that state and local governments collected in fiscal 2015.

Fiscal 2016 was the third year in a row that general sales and gross receipt taxes set a record.


For Further Information:

http://www.cnsnews.com/news/article/terence-p-jeffrey/374793000000-sales-taxes-set-record-2016