Delaware collected $2.6 billion in license taxes in 2024

Delaware Lt. Governor Bethany Hall-Long
Delaware Lt. Governor Bethany Hall-Long
0Comments

Of the $6.5 billion in state taxes collected by Delaware in 2024, $2.6 billion came from license taxes—a decrease of 2.5% compared to the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

The State Government Tax Collections (STC) survey tracks five major tax categories and up to 25 subcategories, gathering data from all 50 state governments and their dependent agencies.

The Census Bureau notes that it defines tax classifications consistently across states, which may differ from how individual states categorize them.

All figures in this article reflect taxes collected by state governments only, based on the STC. They do not include local taxes, such as most property taxes, which make up a significant portion of overall taxes paid by residents.

According to the U.S. Census Bureau, state and local governments collect a wide range of taxes to fund public programs and services. These revenues are typically allocated to areas such as transportation, education, and public safety. In 2024, state tax collections alone amounted to nearly $1.5 trillion nationwide, representing a significant part of overall government operations.

The amount each state collects depends on its tax rates, bases, and policy priorities. In 2023, North Dakota topped the list with the largest state tax collection per capita at $7,715.71, followed by Hawaii ($7,098.72) and Vermont ($6,948.15), according to the U.S. Census Bureau.

Below is a breakdown of how taxes were classified by subcategory and how much was collected.

Delaware Tax Collections 2024 vs. 2023
Type of Tax2024 amount2023 amount
Income taxes$3,070,864,000$2,997,021,000
License taxes$2,584,139,000$2,651,434,000
Individual income taxes$2,533,018,000$2,425,836,000
Corporations in general license taxes$2,344,614,000$2,390,053,000
Sales and gross receipts taxes$658,914,000$646,541,000
Selective sales and gross receipts taxes$658,914,000$646,541,000
Corporation net income taxes$537,846,000$571,185,000
Other taxes$220,445,000$268,476,000
Documentary and stock transfer taxes$218,744,000$266,725,000
Other selective sales and gross receipts taxes$179,417,000$164,456,000
Insurance premiums sales taxes$156,626,000$145,896,000
Occupation and businesses license taxes$152,117,000$170,640,000
Motor fuels sales taxes$136,253,000$133,604,000
Tobacco products sales taxes$92,389,000$104,860,000
Motor vehicle license taxes$63,318,000$64,157,000
Public utilities sales taxes$53,700,000$705,000
Public utilities sales taxes$53,700,000$52,064,000
Alcoholic beverages sales taxes$31,680,000$32,230,000
Alcoholic beverages sales taxes$31,680,000$2,852,000
Other license taxes$10,489,000$12,482,000
Sports betting taxes$8,849,000$13,431,000
Motor vehicle operators license taxes$6,324,000$5,798,000
Hunting and fishing license taxes$4,103,000$4,249,000
Alcoholic beverages license taxes$2,019,000$2,852,000
Alcoholic beverages license taxes$2,019,000$32,230,000
Other taxes, NEC$1,701,000$1,751,000
Public utilities license taxes$718,000$705,000
Public utilities license taxes$718,000$52,064,000
Amusements license taxes$437,000$498,000
Amusements license taxes$437,000
Information in this story was obtained from the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC). The source data can be found here.



Related

Lt. Governor Bethany Hall-Long

Delaware is ranked 43rd in the nation for public pension contributions in 2024

Delaware received $558.4 million in total public pension contributions, ranking it 43rd in the United States in 2024, according to data obtained from the U.S. Census Bureau’s Annual Survey of Public Pensions.

Jennifer L. Hall, U.S. District Court, District of Delaware

Newark man sentenced to 30 months for cocaine distribution and illegal reentry

A Newark man has been sentenced to federal prison for distributing cocaine after repeatedly returning illegally from Mexico following deportation orders. Authorities recovered drugs and cash during their investigation into Adan Cuevas-Arteaga’s activities.

Gregory Williams, U.S. District Judge

Wilmington man sentenced to 10 years in federal prison for child sexual abuse material

Tyler Ramaley from Wilmington has been sentenced to over ten years in federal prison for distributing child sexual abuse material involving minors on online platforms. Authorities say he streamed illicit content during group video chats before being arrested following an investigation by multiple law enforcement agencies.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from First State Times.