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Friday, November 8, 2024

The state of Washington's miscellaneous tax revenues down 37.5% since Q3 2023

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Drew Shirk Director of the Department of Revenue at Washington Department of Revenue | Washington Department of Revenue

Drew Shirk Director of the Department of Revenue at Washington Department of Revenue | Washington Department of Revenue

Washington collected $467 million in miscellaneous tax revenue during the third quarter of 2023, a 37.5% decrease from the same period the previous year when $747 million was reported, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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.

Q3 2023 Washington Tax Collections

Type of TaxAmount (millions)
Property Taxes$1,657
Sales and Gross Receipts Taxes$7,248
Income Taxes$41
License Taxes$526
Miscellaneous Taxes$467

Source: U.S. Census Bureau

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