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Missouri collected $12.4 billion in taxes in 2020, a 5.9 percent decrease from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).
Most tax revenue came from income taxes ($6.3 billion) and sales and gross receipts taxes ($5.5 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 sets the tax classifications among the survey categories and cautions 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.
Type of Tax | Amount |
---|---|
Property taxes | $36,525,000 |
Sales and gross receipts taxes | $5,458,755,000 |
License taxes | $634,725,000 |
Income taxes | $6,266,128,000 |
Miscellaneous taxes | $13,628,000 |
General sales and gross receipts taxes | $3,793,379,000 |
Selective sales and gross receipts taxes | $1,665,376,000 |
Alcoholic beverages sales tax | $41,000,000 |
Amusements sales tax | $288,276,000 |
Insurance premiums sales tax | $446,610,000 |
Motor fuels sales tax | $708,455,000 |
Pari-mutuels sales tax | $0 |
Public utilities sales tax | $0 |
Tobacco products sales tax | $96,760,000 |
Other selective sales and gross receipts taxes | $84,275,000 |
Alcoholic beverages license | $4,656,000 |
Amusements license | $25,000 |
Corporations in general license | $0 |
Hunting and fishing license | $34,546,000 |
Motor vehicle license | $300,665,000 |
Motor vehicle operators license | $14,060,000 |
Public utilities license | $17,979,000 |
Occupation and business license, NEC | $180,685,000 |
Other license taxes | $82,109,000 |
Individual income taxes | $5,901,668,000 |
Corporations net income taxes | $364,460,000 |
Death and gift taxes | $8,000 |
Documentarty and stock transfer taxes | $13,530,000 |
Severance taxes | $1,000 |
Taxes, NEC | $89,000 |